Question
Your brother, who is 6 years old, just received a trust fund that will be worth $22,000 when he's 21 yo. if the fund earns
Your brother, who is 6 years old, just received a trust fund that will be worth $22,000 when he's 21 yo. if the fund earns 0.08 interest compounded annually, what is the value of the fund today?
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Managerial Accounting The Cornerstone Of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
8th Edition
0357715349, 978-0357715345
