Question: keep it short. if use excel you get down vote Tony Ring wants to attend Northeast College. He will need $60,000 4 years from today.

keep it short. if use excel you get down vote
Tony Ring wants to attend Northeast College. He will need $60,000 4 years from today. Assume
Tony's bank pays 12% interest compounded semiannually.
What must Tony deposit today so he will have $60,000 in 5 years?

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