Business, 09.03.2020 22:22 sakhya04

B. Brenda Young desires to have $8,000 eight years from now for her daughter’s college fund. If she will earn 7 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.

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B. Brenda Young desires to have $8,000 eight years from now for her daughter’s college fund. If she...