Posted by **emma** on Thursday, May 16, 2013 at 7:43pm.

You want to have $85,000 college fund in 15 years. HOw much will you have to deposit now under the scenario below. Assume that you make no deposits into the account after the initial deposit

An APR of 4% compounded daily.

You should invest?

## Answer This Question

## Related Questions

- math - Suppose you start saving today for a $30,000 down payment that you plan ...
- College level math - Suppose you deposit $100 in an account that earns 0.5% each...
- eng.Economic - deposits $1,000 now, $2,000 2 years from now, and $5,000 5 years ...
- Economics - Ben deposits $5000 now into an account that earns 7.5 percent ...
- Finance - If you deposit $4,000 at the end of each of the next 20 years into an ...
- maths - Felicity has just commenced work and is investigating superannuation ...
- maths - Felicity has just commenced work and is investigating superannuation ...
- math - An account offers an APR of 6% compounded monthly. How much must you ...
- algebra - 1. Suppose Mary deposits $200 at the end of each month for 30 years ...
- Finance - Simon wishes to have $400,000 in a retirement fund 20 years from now. ...

More Related Questions