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A favorite uncle wishes to establish a trust fund for his nephew's math education. How much should he set aside now if h
Posted: Thu Jul 07, 2022 2:25 pm
by answerhappygod
- A Favorite Uncle Wishes To Establish A Trust Fund For His Nephew S Math Education How Much Should He Set Aside Now If H 1 (38.05 KiB) Viewed 47 times
A favorite uncle wishes to establish a trust fund for his nephew's math education. How much should he set aside now if he wants $60,000 in 7 years from now, and interest is compounded quarterly at 12%? Exact amount (without using a calculator): Amount, rounded to 2 decimal places = dollars dollars