subject
Mathematics, 16.06.2020 17:57 TylerBerk5309

Suppose an individual wants to have exactly $400,000 available for her child's education. (a) Find the amount that would have to be invested at 12% compounded continuously, if the number of years until college is 9 years. (Round your answer to the nearest cent.) (b) Find theamount that would have to be invested at 12% compounded continuously, if the number of years until college is 18 years. (Round your answer to the nearest cent.)

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:10
In the rectangle below ac=30 units what is de
Answers: 1
question
Mathematics, 22.06.2019 02:10
Amap has a scale of 3.5 inches = 20 kilometers. if the distance between two cities on the map is 4.9 inches, what is the actual distance between the two cities?
Answers: 1
question
Mathematics, 22.06.2019 02:30
Which of the following multiplication expressions can be modeled by the tiles shown? check all that apply. 8(3) = 24 6(4) = 24 (3)(12) = 36 24(3) = 72 3(8) = 24 2(12) = 24
Answers: 2
question
Mathematics, 22.06.2019 06:30
Which number line shows a decimal equivalent to 2 1/4
Answers: 1
You know the right answer?
Suppose an individual wants to have exactly $400,000 available for her child's education. (a) Find t...
Questions
question
Arts, 27.01.2020 17:31
Questions on the website: 13722367