Question
Kevin Hart has noticed the increased cost of a college education. He is hoping to have $78,000 in 16 years to help his child Kenzo
Kevin Hart has noticed the increased cost of a college education. He is hoping to have $78,000 in 16 years to help his child Kenzo attend college. How much money will Kevin Hart have to deposit into the account today if he knows he can earn an annual interest rate of 3.4 percent?
Multiple Choice
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$45,684.20
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$44,182.01
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$40,384.16
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$42,290.79
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$27,666.73
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Clever Girl Finance Learn How Investing Works Grow Your Money
Authors: Bola Sokunbi
1st Edition
1119696739, 978-1119696735
