Business
Business, 15.07.2019 21:30, ttangelique

1. your church has decided that one of its missions will be to provide assistance to those members that demonstrate a need for assistance to attend local community colleges. the board decided to set-up a trust fund that will be available in 5 years. one member puts up $10,000 to begin the fund. the church also collects another $5,000 per year for the next 5 years. how much will the fund have beginning in 5 years? assume an interest rate of 8%.

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