Corinnes goal is to have $55,000 to start a new cake decorating business when she retires in

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Corinne’s goal is to have $55,000 to start a new cake decorating business when she retires in 15 years. How much should she invest now in a CD that pays 4% interest compounded quarterly to reach her goal?

In Exercise, if necessary, round all dollar figures to the nearest cent and round percents to the nearest hundredth of a percent.

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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