2-23. Tony Ring wants to attend Northeast College. He will need $60,0004 years from today.
Assume Tony's bank pays 12% interesi compounded semiannually. What must Tony deposit
today so he will have $60,000 in 4 years? LU(22(2).
223 Tony Ring wants to attend Northeast College He will n.pdf
1. 2-23. Tony Ring wants to attend Northeast College. He will need $60,0004 years from today.
Assume Tony's bank pays 12% interesi compounded semiannually. What must Tony deposit
today so he will have $60,000 in 4 years? LU(22(2)