ank and Gretel want to put money in a savings account now so that they will have $2100 in 3 years. The savings bank pays 8% interest compounded quarterly, How much should ank and Gretel invest? (Round your final answer to two decimal places.) 1.413.24

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Hank and Gretel want to put money in a savings account now so that they will have $2100 in 3 years. The savings bank pays 8% interest compounded quarterly. How much should
Hank and Gretel invest? (Round your final answer to two decimal places.)
$ 1.41324
x
Transcribed Image Text:Hank and Gretel want to put money in a savings account now so that they will have $2100 in 3 years. The savings bank pays 8% interest compounded quarterly. How much should Hank and Gretel invest? (Round your final answer to two decimal places.) $ 1.41324 x
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