need help with homework, will upvote, thanks! Hale College predicts that...
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need help with homework, will upvote, thanks!
Hale College predicts that in 18 years it will take $200,000 to attend the college for four years. Hannah has a substantial amount of cash and wishes to invest a lump sum q money for her child's college fund. How much should Hannah put aside in an account with an APR of 6% compounded monthly in order to have $200,000 in the account in 18 years? Round your answer to the nearest cent, if necessary. Formulas
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