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Question: A young graduate is saving for house on Lake Hartwell. The compounded quarterty. His first deposit will be made at the end of the next quarter, so this is a $1,550.00 merely ments at a648% APR interest rate Given the the value of the savings and the loar) The young graduate is plannngonsaving $1,291.00each quarter for 12.00 years nanmesment acount paying 700% ntrest that- 12.00 years, interoat rate Given the graduate's plans, how expensive of a lake house will he expect to be able to purchase?

Reference no: EM131548998

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Discuss apr interest rate : A young graduate is saving for house on Lake Hartwell. The compounded quarterty. His first deposit will be made at the end of the next quarter.
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