Solve the following word problems by using Table 11-1 or 11-2. When necessary, create

Chapter 0, Problem 22

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Solve the following word problems by using Table 11-1 or 11-2. When necessary, create new table factors. Round dollars to the nearest cent and percents to the nearest hundredth of apercent.11 Bob and Joy Salkind want to save $50,000 in 5 1 __ 2 years for home improvement projects. If the Bank of Aventura is paying 8% interest compounded quarterly, how much must they deposit now to have the money for the project?

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