How much must be deposited today into the following account in order to have a 105 000 college fund in 16 years Assume no

Question

How much must be deposited today into the following account in order to have a 105 000 college fund in 16 years Assume no additional deposits are made An account with quarterly compounding and an APR of 3 34 should be deposited today Do not round until the final answer Then round to the nearest cent as needed

Kunduz · Accepted Answer

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