How many months will the engagement last

Assignment Help Financial Management

Reference no: EM132012280

An engaged couple agrees to get married once their savings equal $45,800.00. They have $32,700.00 at the moment and will invest the money in an account that earns 11.52% APR with monthly compounding. How many months will the engagement last? Round to the nearest 2 decimal.

Reference no: EM132012280

Questions Cloud

Discuss a recently marketing strategy : As consumers each day we are constantly being targeted by numerous businesses vying for our business. Whether you're driving, grocery shopping

Write an email response back to the parent : Write an email response back to the parent, explaining your conversation with their child and how you plan on addressing the incident in your classroom.

The main motivation for issuing convertible bonds : Which of the following are the main motivation for issuing convertible bonds

Write what you said in your facebook message to jack : You just moved to the area and Jack asked if you wanted to go get some coffee sometime. You take him up on his offer and really enjoy his friendship.

How many months will the engagement last : How many months will the engagement last?

Why each resource is beneficial for families : Research and identify 5-10 examples of local resources that are available for families with children with disabilities.

Choice of becoming an entrepreneur or an intrapreneur : A new college graduate has a choice of becoming an entrepreneur or an intrapreneur. What is the difference between the two terms?

How can graphics and statistics be used to misrepresent data : How can graphics and/or statistics be used to misrepresent data? Where have you seen this done? The response must be typed.

Monetizing vertical integration : Identify and explain why most firms continue to eschew AVOID vertical integration and explain how they should overcome these obstacles that prevent

User Account

All Pages