wondermags369 wondermags369
  • 17-06-2016
  • Mathematics
contestada

Parents wish to have 140,000 available for a child's education. If the child is now 5 years old, how much money must be set aside at 7% compounded semi annually to meet their financial goal when the child is 18?

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1247565 1247565
  • 17-06-2016
$196.00 because 140,000 divided by 5 times 0.7=
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