question archive Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund
Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund
Subject:EnglishPrice: Bought3
Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund. If she will earn 8 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.
