Brenda Young desires to have $10,000 eight years from now for her daughter's college fund. If she

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Brenda Young desires to have $10,000 eight years from now for her daughter's college fund. If she will earn 7 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.

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Personal Finance

ISBN: 978-1259720680

12th edition

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Aug 18, 2017 01:49 PM

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