what was the problem?

来源: howcan^ 于 2011-10-05 06:20:02 [] [旧帖] [给我悄悄话] 阅读数 : (177 bytes)
回答: 救国老师还在吗？ 由 星星 于 2011-10-04 19:51:06

You want to save $20000 in five years earning 6% interest, how much you have to put away each month?

Your answer is correct if that is the problem.

 

所有跟帖： 

• The problem is where do you get 6% interest rate, compound month -howcan^- ♀ 给 howcan^ 发送悄悄话 (0 bytes) () 10/05/2011 postreply 06:25:26

• compound monthly these days. -howcan^- ♀ 给 howcan^ 发送悄悄话 (0 bytes) () 10/05/2011 postreply 06:25:58

• yes anual would be 6% and monthly would be 0.5% effective intere -星星- ♀ 给 星星 发送悄悄话 星星 的博客首页 (24 bytes) () 10/05/2011 postreply 08:03:33

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