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Sandy wants to have $20,000 in eight years. If Sandy can earn 10% interest, compounded semi-annually, how much will she have to deposit today? Do
Sandy wants to have $20,000 in eight years. If Sandy can earn 10% interest, compounded semi-annually, how much will she have to deposit today? Do not use decimals in your answer. You will need to use the time value of money table factors posted in canvas to answer this question. To access these factors, click modules and then scroll to week 7. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these table factors to answer this question. Sandy wants to have $20,000 in eight years. If Sandy can earn 10% interest, compounded semi-annually, how much will she have to deposit today? Do not use decimals in your answer. You will need to use the time value of money table factors posted in canvas to answer this question. To access these factors, click modules and then scroll to week 7. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these table factors to answer this
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