Question

If Dain wants $50,000 after 3 years to make a down payment on a house, how much does he need to invest every quarter, into an account that pays 6% compounded quarterly?

Dain needs to invest $_____ every quarter.

Answer 1

Answer:

Step-by-step explanation:So you have to mutiply the 50,000*3=15,000 and the answer will me 15,000.