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Michael needs to invest to help with his child's college fund. How much would he have to invest to have $76,800 after 12 years,
Michael needs to invest to help with his child's college fund. How much would he have to invest to have $76,800 after 12 years, assuming an interest rate of 2.17% compounded quarterly? Do not round any intermediate computations, and round your final answer to the nearest dollar. If necessary, refer to the list of financial formulas. X
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
