2. How much should you invest now in a money market account if you want to have $15,000 in the account at the end of 12 years? The account has an interest rate of 7.25% compounded quarterly.
2. How much should you invest now in a money market account if you want to have $15,000 in the account at the end of 12 years? The account has an interest rate of 7.25% compounded quarterly.