You know that you will need $112,393 for your child's education in 7 years. If your account earns 6.4% compounded quarte

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You know that you will need $112,393 for your child's education in 7 years. If your account earns 6.4% compounded quarte

Post by answerhappygod »

You know that you will need $112,393 for your child's educationin 7 years. If your account earns 6.4% compounded quarterly, howwhat would you need to deposit to reach your goal? round to 4decimals.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”