Sean wanted to ensure that he had $75,000 for his child's university education As soon as his child was born, he started saving $1,225 every 6 months in an investment fund If he achieved his investment target on his child's 18th birthday, and he made no deposit on the child's 18th birthday, calcul...

To solve this problem we can use the formula for compound interest A P1 rnnt Where A the future valu ...

Sean wanted to ensure that he had $75,000 for his child's university education. As soon as...

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