1. Math
  2. Calculus
  3. at least one of the answers above is not correct...

Question: at least one of the answers above is not correct...

Question details

At least one of the answers above is NOT correct. 1 of the questions remains unanswered (1 pt) If you need $50,000 five years from now, what is the minimum amount of money you need to deposit into a bank account that pays 3% annual interest, compounded (give your answers to the nearest cent): (a) annually? $ 57963.70 (b) monthly? $ 294580.16 (c) daily (assuming 365 days in a year)? $

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