Question
The University is given a gift of $ 600000 for the construction of a School of Management building. The University invests the gift into an
The University is given a gift of $600000 for the construction of a School of Management building. The University invests the gift into an account for future use. The University receives 8.00% on the money for 9 years then the rate drops to 7.20% . If the building is constructed 22 years after the gift was received, how much is in the fund at that time?
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
