Business, 15.04.2020 03:44, dimondqueen511

Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3-year-old daughter’s college bills for a 4-year degree. How much would he have to invest today at an interest rate of 8% compounded semiannually?

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Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3-year-old daughte...