Calculate compound interest Question
Mark is saving for his son's college education. If the savings account earns 9% interest compounded quarterly, and he
wants to have $80,000 in 18 years, what must the principal be? Round your answer to the nearest dollar.
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Last year, a state university received 3,560 applications from boys. of those applications, 35 percent were from boys who lived in other states. part a)how many applications did the university receive from boys who lived in other states? part b)applications to the university from boys represented 40percent of all applications. how many applications did the university receive in all? i don't how to do part b so me and plz tell how you got your answer