How much margie deposit into her account now to meet goal
Problem
Margie Spencer wants to have $100,000 in her savings account in 20 years. If her account pays 6.6% annual interest compounded semiannually, how much must Margie deposit into her account now to meet her goal?
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If her account pays 6.6% annual interest compounded semiannually, how much must Margie deposit into her account now to meet her goal?
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