Mathematics, 02.03.2020 05:07 txa95

Hazel had a 7 year old granddaughter. Hazel wants to present her with a gift of $10,000 on her 21st birthday. If the highest interest rate she can find is 11% compounded quarterly, how much must she invest now?

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Hazel had a 7 year old granddaughter. Hazel wants to present her with a gift of $10,000 on her 21st...

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