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#thirtythree You need to have $32,500 in 20 in years. You can earn an annual interest rate of 5 percent for the first 6 years,
#thirtythree
You need to have $32,500 in 20 in years. You can earn an annual interest rate of 5 percent for the first 6 years, 5.6 percent for the next 5 years, and 6.3 percent for the final 9 years. How much do you have to deposit today?
$12,248.91
$9,664.67
$10,521.99
$10,656.84
$8,745.59
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