SOLUTION: how much money should be deposited today in an account that earns 8% compounded quarterly so that it will accumulate to $3800 in 12 years. Please give explanation/show work
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Question 750932: how much money should be deposited today in an account that earns 8% compounded quarterly so that it will accumulate to $3800 in 12 years. Please give explanation/show work
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
how much money should be deposited today in an account that earns 8% compounded quarterly so that it will accumulate to $3800 in 12 years. Please give explanation/show work
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Solve for PV (Present Value)
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