Business
Business, 07.04.2020 22:30, lilsnsbsbs

Your cousin is currently 9 years old. She will be going to college in 9 years. Your aunt and uncle would like to have $ 100 comma 000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.5 % per year, how much money do they need to put into the account today to ensure that they will have $ 100 comma 000 in 9 years?

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Your cousin is currently 9 years old. She will be going to college in 9 years. Your aunt and uncle w...

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