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Miranda wants to give her 14-year-old daughter $20,000 when she turns 18. How much does she need to put in the bank now if the interest rate is 10 percent per year? A. $12,418. 43 B. $13,660. 27 C. $15,
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Miranda wants to give her 14-year-old daughter $20,000 when she turns 18. How much does she need to put in the bank now if the interest rate is 10 percent per year? A. $12,418. 43 B. $13,660. 27 C. $15,026. 30.
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Answer:
B $13,660.27
Explanation:
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