Mathematics, 14.10.2020 21:01, Auriieee

Sam Long anticipates he will need approximately $227,300 in 14 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 10% compounded semiannually? (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount =

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Sam Long anticipates he will need approximately $227,300 in 14 years to cover his 3-year-old daughte...