SOLUTION: Lindsay wants to have $5,500 in 15 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 6% interest, compounded semiannually in
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-> SOLUTION: Lindsay wants to have $5,500 in 15 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 6% interest, compounded semiannually in
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Question 1086370: Lindsay wants to have $5,500 in 15 years. Use Table 11-2 to create a new table factor, and then calculate how much she should invest now at 6% interest, compounded semiannually in order to reach this goal. Answer by stanbon(75887) (Show Source):
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