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mina [271]
2 years ago
7

When your daughter was born, you decided that you would start saving money for her college education, and you felt that you woul

d like to have $50,000 by the time that she turns 18. If you can invest in a long-term account that pays 2%per year, paid quarterly, then how much should you invest quarterly to have the required amount in time for your daughter to go off to college?
Mathematics
1 answer:
lara31 [8.8K]2 years ago
3 0

you will have to change 2% to percentage and you divide $50,000by 200

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Step-by-step explanation:

To calculate the total loan payment over the course of the loan period, use the future value formula:

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Hello,

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Romashka-Z-Leto [24]

Answer:

A

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Answer:

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