Try another version of this question Roberto needs $12,000 5 years from now to replace his current auto. His investments return 10% compounded annually. How much does he need to deposit today? (Use the mathematical formula and round to the nearest penny.) $13,200.00 $7,451.06 $19,326.12 $12,000.00 Box 1: Select the best answer $7,451.06
Try another version of this question
Roberto needs $12,000 5 years from now to replace his current auto. His investments return 10% compounded annually. How much does he need to deposit today? (Use the mathematical formula and round to the nearest penny.)
$13,200.00 $7,451.06 $19,326.12 $12,000.00
Box 1: Select the best answer