SOLUTION: If I want a fund of $30,000 in 14 years earning 5% quarterly interest... how much do I need to deposit now? How would I go about setting up this equation?
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Question 247210: If I want a fund of $30,000 in 14 years earning 5% quarterly interest... how much do I need to deposit now? How would I go about setting up this equation? Answer by richwmiller(17219) (Show Source):