Jacob is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 5 years. If the interest rate on the account is 2.25% compounded annually, what is the present value of the investment?
a. $5,666.58
b. $10,461.24
c. $9,358.91
d. $37,731.88

Question

Jacob is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 5 years. If the interest rate on the account is 2.25% compounded annually, what is the present value of the investment?
a. $5,666.58
b. $10,461.24
c. $9,358.91
d. $37,731.88

anonymous · Answer

@conner143 @Love_Ranaa @StudyGuidance

anonymous · Answer

i cant help you out im sorry wish i couold

anonymous · Answer

its ok thank you though for looking.

anonymous · Answer

Sorry, I don't know how to answer that, I am only in 6th grade

anonymous · Answer

thank you though.

anonymous · Answer

We didn't learn that yet.   :(

anonymous · Answer

ya lol I am in 12th grade

anonymous · Answer

#Sorry, lol i had to put a hashtag

anonymous · Answer

Des can u help me on my problem then

anonymous · Answer

I can try tag me

anonymous · Answer

how do you tag someone

anonymous · Answer

@ then the persons name

anonymous · Answer

put the @ and my name with no space

anonymous · Answer

@Desifaith

anonymous · Answer

just like that yes but do it under your question

anonymous · Answer

@Desifaith  how would you get 5/6 form dividing 2/3 and 4/5

anonymous · Answer

@JackofallTradez

jackofalltradez · Answer

*cracks knuckles*
Let's do this!

anonymous · Answer

hahaha :P

jackofalltradez · Answer

It's A|dw:1425676300156:dw|

jackofalltradez · Answer

@Desifaith Got it done, finally XD

anonymous · Answer

Oh WOW!!!!! THANK YOU THANK YOU THANK YOU!!!!!!!!!!

anonymous · Answer

Would you help me on a few more things?

jackofalltradez · Answer

Sure :)

anonymous · Answer

Ill post a new thread thank you again!

rockinhood · Answer

Which one was it?