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Posted: **Thu May 12, 2022 7:25 am**

: In Order To Pay For College The Parents Of A Child Invest 25 000 In A Bond That Pays 7 Interest Compounded Semiannual 1 (10.44 KiB) Viewed 29 times

In order to pay for college, the parents of a child invest $25,000 in a bond that pays 7% Interest compounded semiannually. How much money will there be in 20 years? Round your answer to the nearest cent. in 20 years the bond will be worth $0.