Question
Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed Interest rate Compounding period
Find the amount that should be set aside today to yield the desired future amount. Use the table.
| Future amount needed | Interest rate | Compounding period | Investment time |
| $3,000 | 2% | semiannually | 3 years |
The amount that should be set aside today is?
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Where Does Money Grow
Authors: Beth McGuinness
1070202150, 978-1070202150
