question archive The parents of Hala saved an amount of AED 20,000 to cover her university costs and expected to grow 5 percent per year
The parents of Hala saved an amount of AED 20,000 to cover her university costs and expected to grow 5 percent per year
Subject:BusinessPrice: Bought3
The parents of Hala saved an amount of AED 20,000 to cover her university costs and expected to grow 5 percent per year. The saving amount will be invested in an account paying 8% interest, what is the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education. Please solve step by step method without using excel
