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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Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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