Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. how much must be deposited today into the followin

How much must be deposited today into the following account in order to have a...

60.1K

Verified Solution

Question

Basic Math

image

How much must be deposited today into the following account in order to have a 105 000 college fund in 16 years Assume no additional deposits are made An account with quarterly compounding and an APR of 3 34 should be deposited today Do not round until the final answer Then round to the nearest cent as needed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

How many factors does the number 3 have factors

Basic Math
Q

The standard half-cell potential for the reaction O2(g)+4H+(aq)+4e−→2H2O(l) is +1.229 V at 298.15 K. The aO2 = 1.00...

Chemistry
Q

Which of the amino acids below would you not expect to see in the mi...

Biology
Q

The hybridization of Se in SeF6 is 1 sp 2 sp 3 sp O4 dsp...

Biology
Q

A charged particle enters a uniform magnetic field perpendicular to it The magnetic field 1...

Physics
Q

With what velocity should a particle be projected 32 Is from the surface of earth...

Physics
Q

5 Triangle ABC has been dilated from center D to form triangle RST 10 7...

Geometry
Q

(a) The organizers of a conference want to survey attendees about the registration fee. Which...

Basic Math
Q

f x 4 25 x 6 4 2 y 2r 2 4 6 8 10...

Algebra
Q

Facilities planning An order of 20 custom-designed castings has been received. Each casting costs...

Accounting
Q

Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report (LO9-4) Vulcan Flyovers offers scenic overflights...

Accounting
Q

ensure that the proper mix of input chemicals is achieved and that evaporation is controlled....

Accounting