Question: - Compound Interest Course Packet on present value problems with discrete compounding of Interest A favorite uncle wishes to establish a trust fund for his

- Compound Interest Course Packet on present value problems with discrete compounding of Interest A favorite uncle wishes to establish a trust fund for his niece's math education. How much should he set aside now if he wants $30,000 in 6 years from now, and interest is compounded monthly at 60%? Exact amount = dollars Amount, rounded to 2 decimal places = dollars

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