You want to have a $70,000 college fund in 13 years. How much will you have to deposit now under the scenario below. Assume that you make no deposits into the account after the initial deposit.
An APR of 7.4% compounded daily

Question

02-12-2022
Mathematics

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You want to have a $70,000 college fund in 13 years. How much will you have to deposit now under the scenario below. Assume that you make no deposits into the account after the initial deposit.
An APR of 7.4% compounded daily

Sagot :

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