Mr. Finks goal is to have $26,000 to start a new lawn mower repair business when he
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Mr. Fink’s goal is to have $26,000 to start a new lawn mower repair business when he retires in 15 years. How much should he invest now in a CD that pays 2% interest compounded quarterly to reach his goal?
If necessary, round all dollar figures to the nearest cent and round percents to the nearest hundredth of a percent.
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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