14. The Financial System
Time Value of Money Calculations
2:59 minutes
Open Question
Open QuestionYou are saving up $12,000 for a luxurious European vacation two years from now. How much money would you need to invest today at Clutch Bank, earning their juicy 10% annual interest, to have enough for your vacation?
Verified Solution
Video duration:
2mPlay a video:
136
views
Was this helpful?
Related Videos
Related Practice