Question: 8. [-10.66 Points] DETAILS BRECMBC9 11.1.030. MY NOTES As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000
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8. [-10.66 Points] DETAILS BRECMBC9 11.1.030. MY NOTES As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000 in an account paying 9% compounded annually. How much will the account be worth (in S) when Bob is 18 years old? (Use Table 11-1.) Need 9. [0/0.66 Points] DETAILS PREVIOUS ANSWERS BRECMBC911.1.TB.036. MY NOTES Inez wants to have $17,000 in 6 years. Use the present value formula to calculate how much Inez should Wivest now at 8% interest, compounded quarterly in order to reach her goal. 0 $8,840.00 O $10,536.09 @ $10,569.27 O $10,712.88 Need HelP? Viewing saved work
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