Lily is planning to invest in a college fund for her granddaughter. She would like the...
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Lily is planning to invest in a college fund for her granddaughter. She would like the account to grow to $90,000 over 13 years. The account is estimated to earn 1.8% compounded semi-annually (twice a year). To the nearest dollar, how much will Lily need to invest in the account now? A(t) - P(1+)" Lily needs to invest $ Lily is planning to invest in a college fund for her granddaughter. She would like the account to grow to $90,000 over 13 years. The account is estimated to earn 1.8% compounded semi-annually (twice a year). To the nearest dollar, how much will Lily need to invest in the account now? A(t) - P(1+)" Lily needs to invest $
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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