Page 1 of 1

Question 12 1 pts Your cousin is currently 12 years old. She will be going to college in 6 years. Your aunt and uncle wo

Posted: Fri Jul 01, 2022 7:42 am
by answerhappygod
Question 12 1 Pts Your Cousin Is Currently 12 Years Old She Will Be Going To College In 6 Years Your Aunt And Uncle Wo 1
Question 12 1 Pts Your Cousin Is Currently 12 Years Old She Will Be Going To College In 6 Years Your Aunt And Uncle Wo 1 (64.02 KiB) Viewed 27 times
Question 12 1 pts Your cousin is currently 12 years old. She will be going to college in 6 years. Your aunt and uncle would like to have $100,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4% per year, how much money do they need to put into the account today to ensure that they will have $100,000 in 6 years?