FINC 300- tom has $3,000 to invest and would like to buy

FINC 300- tom has $3,000 to invest and would like to buy

Question # 00441661 Posted By: katetutor Updated on: 12/12/2016 04:10 AM Due on: 12/12/2016
Subject Finance Topic Finance Tutorials:
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tom has $3,000 to invest and would like to buy a $9,000 jet-ski in three years. If interest rate is compounded monthly, what interest he has to receive monthly to reach his goal?
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    Tutorial # 00437382 Posted By: katetutor Posted on: 12/12/2016 04:10 AM
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