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 16:30
Which elements in the set below are integers? 12, –3⁄4,√ 25 , –7, √ 5 , 14⁄7, 9 a. 12, √ 25 , –7, 9 b. 12, √ 25 , –7, 14⁄7, 9 c. –3⁄4, 25 , √ 5 ,14⁄7 d. 12, –7, 9
Answers: 2
question
Mathematics, 21.06.2019 16:30
Acarnival sold tickets for $1.50 for adults and $1.00 for students. there were 54 tickets sold for a total of $70.50. write a system of equations to represent the number of adult tickets,x, and the number of student tickets,y. find the solution and explain what it means. i'll you if you me
Answers: 1
question
Mathematics, 21.06.2019 19:30
When 142 is added to a number the result is 64 more then 3 times the number. option 35 37 39 41
Answers: 2
question
Mathematics, 21.06.2019 22:20
F(x)=5/6x+3 which of the following is true
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
Chemistry, 11.02.2022 17:40
question
Social Studies, 11.02.2022 17:40
question
Health, 11.02.2022 17:40
Questions on the website: 13722363