Business Studies, asked by Ellimann, 19 days ago

If you need $5,000 in 4 years’ time and your investment generate 6% interest per year, compounded semi-annually, how much do you need to put away today?

Answers

Answered by sammipanwar85
16

Answer:

today we will get 300 Rs

Explanation:

If you are using a calculator, simply enter 6÷100×5000 which will give you 300 as the answer.

Answered by zerihunmuleta72
0

Answer:

Explanation:

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