Answer to Question #28105 in Calculus for Tilda

Question #28105
A rich uncle wants to make you a millionaire. How much money must he deposit in a trust fund paying 7% compounded quarterly at the time of your birth to yield $1,000,000 when you retire at age 56? (Round your answer to the nearest cent.)
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Expert's answer
2013-04-10T12:11:12-0400
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