SOLUTION: Sonia wants to have $12,000 in 10 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 12% interest, compounded quarterly in ord

Question 1086369: Sonia wants to have $12,000 in 10 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 12% interest, compounded quarterly in order to reach this goal.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Sonia wants to have $12,000 in 10 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 12% interest, compounded quarterly in order to reach this goal.
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I don't have that table.
I have several tables, and a lot of chairs, but I don't have that one.
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I also have some rugs.
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