Imagine Fry knew in advance that he would be frozen for 1000 years and wanted to...

Imagine Fry knew in advance that he would be frozen for 1000 years and wanted to have $9,999,999,999 when he thaws out. How much would Fry need to deposit in his account paying 2% APR compounded quarterly before falling into the cryogenic freezer?

	a.	$9.47
	b.	$10.99
	c.	$13.49
	d.	$21.66
	e.	$25.11

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SEE THE SCREENSHOT. ANY DOUBTS, HAPPY TO HELP YOU. THANK YOU. THUMBS UP PLEASE.

SOLUTION WITH FINANCIAL FORMULA. JUST WRITTEN IN EXCEL

jeff jeffy answered 1 year ago

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