Mathematics, 20.02.2020 09:33 jc624826

The tanners have received an 8000 gift from one of their parents to invest in their child college education. They estimate that they will need $20000 in 12 years to achieve their educational goals for their child. What interest rate compounded semiannually would the Tanners need to achieve this goal?

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The tanners have received an 8000 gift from one of their parents to invest in their child college ed...