Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Feb 2018 My Price 5.00

college expenses

Beginning three months from now, you want to be able to withdraw $2,100 each quarter from your bank account to cover college expenses over the next four years.

 

Required:

If the account pays .45 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Feb 2018 10:02 PM My Price 5.00

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