Question: Use Table 112 to solve the problem. Stuart Daniels estimates that he will need $29,000 to set up a small business in 8 years. (a)

Use Table 112 to solve the problem. Stuart Daniels estimates that

Use Table 112 to solve the problem. Stuart Daniels estimates that he will need $29,000 to set up a small business in 8 years. (a) How much (in \$) must Stuart invest now at 8% interest compounded quarterly to achieve his goal? $ (b) How much compound interest (in \$) will he earn on the investment? $

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