You need $15,000 at the end of 5 years to pay for college. How much would you need to put away today at a rate of 8% compounding annually to have 5
$15,000 at the end of 5 years?

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tbixler2021

09.03.2023

Mathematics

20x12=240

I took 20 and timsed it by 12

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You need $15,000 at the end of 5 years to pay for college. How much would you need to put away today at a rate of 8% compounding annually to have 5 $15,000 at the end of 5 years?