How much would you have to deposit in your savings account, Financial Management

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How much would you have to deposit in your savings account

How much would you have to deposit in your savings account today in order to be able to withdraw $1474 each year for two years, starting six years from now?

Your savings account earns 3.43% compounded annually.

Round your answer to the nearest dollar.

Include only the number with no dollar sign or commas (for example, 14778)

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Financial Management: How much would you have to deposit in your savings account

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Financial Management: How much would you have to deposit in your savings account

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