Respuesta :
$24,761.07
This is because we do $125000/1.046^36
As the interest rate 4.6% added to the original 100% is 104.6% or 1.046
The power is 36 as it is compounded 36 times as 9 years, 4 times a year
This is because we do $125000/1.046^36
As the interest rate 4.6% added to the original 100% is 104.6% or 1.046
The power is 36 as it is compounded 36 times as 9 years, 4 times a year
