A community is soliciting pledges for a fitness center building project to begin in 3 years. If

Question:

A community is soliciting pledges for a fitness center building project to begin in 3 years. If money is worth 6%, compounded quarterly, how much must a family deposit now in order to contribute $2500 at the end of each quarter for 2 ½ year after the project begins?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: