OpenStudy (faf3):
Bob needs to have $35,000 in 10 years to pay for his daughter's tuition. If the account pays 7% a.p.r. compounded monthly how much does he need to invest today?
OpenStudy (kewlgeek555):
Welcome to OpenStudy! You probably didn't notice, but you posted your Math/Financing question in the OpenStudy Feedback section! Next time when you ask a question, check if you're in the right section :) Math Section: http://openstudy.com/study#/groups/Mathematics Financing Section: http://openstudy.com/study#/groups/Finance If you need any help using the website you can contact people with an \(\Large\bf\color{#872af0}{Ⓐ}\) next to their usernames by using the Send Message button when you roll over their profile picture. Thank you for choosing OpenStudy and have a nice rest of your life. ~Darry \(\Huge\ddot\smile\)
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