Walter and Skyler wish to set up a trust fund for their new daughter, Holly, which will provide her with $2,700 at the end of every 6 months for 26 years. The first payment will be 18 years, 6 months...


Walter and Skyler wish to set up a trust fund for their new daughter, Holly, which will<br>provide her with $2,700 at the end of every 6 months for 26 years. The first payment<br>will be 18 years, 6 months from now and interest on the fund is 4.04% compounded<br>semi-annually. How much should Walter and Skyler set aside today for Holly?<br>$0.00<br>Round to the nearest cent<br>

Extracted text: Walter and Skyler wish to set up a trust fund for their new daughter, Holly, which will provide her with $2,700 at the end of every 6 months for 26 years. The first payment will be 18 years, 6 months from now and interest on the fund is 4.04% compounded semi-annually. How much should Walter and Skyler set aside today for Holly? $0.00 Round to the nearest cent

Jun 07, 2022
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