Business, 23.11.2021 05:00 jaylenmiller437

52. Investing Bill Poole wants to have $20,000 available in 5 years for a down payment on a house. He has inherited $16,000. How
much of the inheritance should he invest now to accumulate
the $20,000 if he can get an interest rate of 5.5% compounded
quarterly?

Answers: 3

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52. Investing Bill Poole wants to have $20,000 available in 5 years for a down payment on a house....

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