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Question 4 (Mandatory) (5 points) Listen The University of Mississippi's tuition is estimated to be $17,600 per year for four years. What must you
Question 4 (Mandatory) (5 points) Listen The University of Mississippi's tuition is estimated to be $17,600 per year for four years. What must you deposit today assuming you can earn 5% compounded annually to have the total cost of four years education in 6 years? A/ Question 5 (Mandatory) (5 points) Listen A local Kinko's will need a new web press in 20 years. Assuming the press will cost $280,000, what must Kinko's deposit today at 12% compounded semi-annually to have enough to pay for the press?
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