Leon's has a "Don't Pay For One Year" event on right now at the store, so you purchase an Italian, hand-stitched leather sofa. You will pay $1,267.99 for the sofa in one year. You have a savings account that pays 3% annual interest
How much must you deposit in your account today in order to have enough money to pay for the sofa in one year?
A) $1,231.06
B) $1,267.99
C) $1,195.20
D) $1,230.56
E) $1,337.21
A
Business
You might also like to view...
Because consumers place so much trust in consumer-generated media, consumer relations people must understand and try to manage it
Indicate whether the statement is true or false
Business
Good communication occurs only when the recipient ________
A) agrees with the sender's message B) acknowledges the message C) understands the speaker's meaning D) makes eye contact with the speaker
Business