Suppose you would like to set up a $8,346 fund for a trip with your graduating...
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Suppose you would like to set up a $8,346 fund for a trip with your graduating class in 3 years from now. If your bank offers you 7% APR, how much must you deposit today to reach your goal? (Round the answer two decimal point) Suppose you would like to set up a $8,346 fund for a trip with your graduating class in 3 years from now. If your bank offers you 7% APR, how much must you deposit today to reach your goal? (Round the answer two decimal point)
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You are given the following information Future value FV 8346 Time ... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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