Business, 15.07.2020 05:01 bettybales1986
Your cousin is currently 88 years old. She will be going to college in 1010 years. Your aunt and uncle would like to have $ 95 comma 000$95,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.2 %4.2% per year, how much money do they need to put into the account today to ensure that they will have $ 95 comma 000$95,000 in 1010 years?
Answers: 3
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Your cousin is currently 88 years old. She will be going to college in 1010 years. Your aunt and unc...
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