Question
(1 point) In 9 months, Alex will need $1,530.00 to pay his college tuition. How much does he need to invest today into an account
(1 point) In 9 months, Alex will need $1,530.00 to pay his college tuition. How much does he need to invest today into an account earning an an interest rate of 5.996% compounded monthly, so that he has enough money to pay his tuition?
The amount Alex needs to invest is =?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
