Mathematics, 01.09.2020 23:01 maddo36
Mr. and Mrs. Tournas know that their son will attend a college, in 14 years, that they estimate to cost approximately $250,000. How much should they deposit now if they assume that they can earn 8.5% compounded annually?
a) $72,083.41
b) $76,055.32
c) $75,450.20
d) $79,785.45
Answers: 1
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Mr. and Mrs. Tournas know that their son will attend a college, in 14 years, that they estimate to c...
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