subject
Business, 18.03.2020 20:04 Ahhskii

Your cousin is currently 10 years old. She will be going to college in 8 years. Your aunt and uncle would like to have $ 105 comma 000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.1 % per year, how much money do they need to put into the account today to ensure that they will have $ 105 comma 000 in 8 years?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:00, pum9roseslump
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 1
image
Business, 22.06.2019 11:30, astorkid
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
image
Business, 22.06.2019 15:20, byler47
Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.
Answers: 1
image
Business, 22.06.2019 20:40, bbygrill
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
You know the right answer?
Your cousin is currently 10 years old. She will be going to college in 8 years. Your aunt and uncle...

Questions in other subjects:

Konu
Mathematics, 16.01.2020 18:31