How much must andy deposit today to make good

Reference no: EM131933283

Question: Andy promises to pay Opie $6 comma 5006,500 when Opie graduates from Mayberry University in 1313 years. How much must Andy deposit today to make good on his promise, if he can earn 44% on his investments? How much must Andy deposit today to make good on his promise $ nothing?(Round to the nearest? cent.)

Reference no: EM131933283

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How much must andy deposit today to make good : Andy promises to pay Opie $6 comma 5006,500 when Opie graduates from Mayberry University in 1313 years. How much must Andy deposit today to make good on his.

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