Question
Assume the total expense for your current year in college equals $20,000. Approximately how much would your parents have needed to invest 21 years ago
"Assume the total expense for your current year in college equals $20,000. Approximately how much would your parents have needed to invest 21 years ago in an account paying 8% interest compounded annually to cover this amount?"
A.) $1600
B.) $1728
C.) $3973
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An Introduction To Statistical Methods And Data Analysis
Authors: R. Lyman Ott, Micheal T. Longnecker
7th Edition
1305269470, 978-1305465527, 1305465520, 978-1305269477
