Question: Show Problem Source (1 point) A trust fund is being set up so that a baby born today will collect $31000 when she turns 21

Show Problem Source (1 point) A trust fund is being set

Show Problem Source (1 point) A trust fund is being set up so that a baby born today will collect $31000 when she turns 21 years old. How much should be invested to reach this amount in 21 years if the nominal rate of interest is 5.91 percent compounded monthly? Preview My Answers Submit Answers

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