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-ye

Question

3 years ago

10

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-ye

ar 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 =

Mathematics

1 answer:

SSSSS [86.1K] · Answer 1 · 2022-02-21T01:12:20+03:00

Answer:

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