Mathematics, 27.07.2019 05:10 marxusalexander4069

Ann and tom want to establish a fund for their grandson's college education, what lump sum must they deposit at a 10% annual interest rate, compounded monthly, in order to have $20,000 in the fund at the end of 15 years? they should deposit (round up to the nearest cent)

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Ann and tom want to establish a fund for their grandson's college education, what lump sum must they...