subject
Mathematics, 27.02.2020 07:19 econsta3

Parents wish to have $130,000 available for a child’s education. If the child is now 6 years old, how much money must be set aside at 4% compounded semiannually to meet their financial goal when the child is 18?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Marco is studying a type of mold that grows at a fast rate. he created the function f(x) = 345(1.30)x to model the number of mold spores per week. what does the 1.30 represent? how many mold spores are there after 4 weeks? round your answer to the nearest whole number. 1.30 represents the number of mold spores marco had at the beginning of the study; 985 mold spores 1.30 represents the number of mold spores grown in a given week; 448 mold spores 1.30 represents the 30% rate of weekly growth; 345 mold spores 1.30 represents the 30% rate of weekly growth; 985 mold spores
Answers: 1
question
Mathematics, 21.06.2019 21:30
The expression 1.01*1.005(^t) gives the amount of money, in thousands of dollars, in carter's savings account (t) years after he opens it. what does 1.01 represent in this expression?
Answers: 1
question
Mathematics, 21.06.2019 21:40
What is the value of x in the equation 1.5x+4-3=4.5(x-2)?
Answers: 2
question
Mathematics, 21.06.2019 22:00
If x+y+z=0 what is the value of [tex] {x}^{3} + {y}^{3} + {z}^{3} [/tex]
Answers: 2
You know the right answer?
Parents wish to have $130,000 available for a child’s education. If the child is now 6 years old, ho...
Questions
question
Spanish, 17.10.2020 20:01
question
History, 17.10.2020 20:01
Questions on the website: 13722362