Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you want to have $80,000 in 18 years to help your

You want to have $80,000 in 18 years to help your child attend college. If...

90.2K

Verified Solution

Question

Finance

image

You want to have $80,000 in 18 years to help your child attend college. If you can earn an annual interest rate of 3.6 percent, how much will you have to deposit today? Multiple Choice $23,200.56 o $38,812.97 o $42,326.70 o $36,853.69 o

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

(11) Prove that a union of two countable sets is countable. (Hint: the same idea used...

Advance Math
1.2K views

If an undamped spring-mass system with a mass that weighs 6 lb and a spring constant...

Basic Math
1.2K views

8 The part of a voltaic cell that allows ions to move between half cells...

Basic Math
1.2K views

Find the missing coefficient.(2d-6)(2d + 4) = 4d + __ d-24a -2b -4c ...

Basic Math
1.2K views

Let E be an event.Let F be another event.We know that P(E and F) =...

Calculus
1.2K views

Find the answer to the given limit and provide all the necessary justifications lim tan...

Accounting
1.2K views

Product J is one of the many products manufactured and sold by Oceanside Company. An...

Accounting
1.2K views

Help with #2 Mr. Francisco Rosario started a consulting service business...

Accounting
1.2K views

This is for 2022- thanks! Interview Notes - Leon Martin is...

Accounting
1.2K views

Required: Fill in the blanks: (Round "Return on sales", "Asset turnover" and "Return on investment"...

Accounting
1.2K views

please fast i dont have time Vaughn Manufacturing...

Accounting
1.2K views

Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells...