Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Johnny is planning to set aside money for his son trust fund. Johnny will pay $2000 every month until son turns 21. Find the lump sum that Johnny must put into an account earning 2% compounded monthly to cover the periodic payments. Find the interest earned?

Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.