4. Use the formula to calculate the answer to this problem. Show your work. You will not...
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Question:
4.
Use the formula
to calculate the answer to this problem. Show your work. You will not get full credit unless you show
me the steps you took in using the formula to get the answer.
Colin needs $20,000 to start a catering business. Colin can get 4.25% interest on the money, compounded annually. If
he adds no more to the account, how much should he put in the account today to start his catering business in four years?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: