Determining the compounded daily

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How much must you deposit today into an account with an APR of 4% compounded daily in order to have a $120,000 college fund in 15 years? Please show the work.

Reference no: EM131208652

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Determining the compounded daily : How much must you deposit today into an account with an APR of 4% compounded daily in order to have a $120,000 college fund in 15 years? Please show the work.
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