Mathematics, 21.04.2021 02:40 azariahbelfield
Every six months, Jacinda deposits $475 into an interest-bearing account to save for her children's tuition. The interest rate on the account is 7.1% compounding semiannually. What is the present value of the investment if Jacinda's children leave for college in 9 years?
$4,743.77
$5,080.58
$6,460.70
$6,239.21
Answers: 2
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Every six months, Jacinda deposits $475 into an interest-bearing account to save for her children's...
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