Calculate compound interest
Question
Mark is saving for his son's college education. If the s...
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Mathematics, 19.07.2020 23:01 chantelljenkins2
Calculate compound interest
Question
Mark is saving for his son's college education. If the savings account earns 9% interest compounded quarterly, and he
wants to have $80,000 in 18 years, what must the principal be? Round your answer to the nearest dollar.
Provide your answer below:
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