subject
Mathematics, 08.09.2020 05:01 abtj4r7668g

Revere College predicts that in 6 years it will take $150,000 to attend the college for four years. Alexis has a substantial amount of cash and wishes to invest a lump sum of money for her child's college fund. How much should Alexis put aside in an account with an APR of
11% compounded monthly in order to have $150,000 in the account in 6 years? Round your answer to the nearest cent, if necessary

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:30
Based upon past experience, barry expects no overdrafts. he expects no 2nd copies of statements. barry estimates that he will use network atms about 5 times a month with either bank. barry decides in the end to choose eecu. assuming that both banks provide the necessary services equally well, and based upon the tables of fees given above, how much can barry reasonably expect to save annually by choosing eecu in this case over e-town bank? a. $72 b. $78 c. $144 d. $24
Answers: 2
question
Mathematics, 21.06.2019 16:20
Tomas is making trail mix using granola and walnuts. he can spend a total of $12 on the ingredients. he buys 3 pounds of granola that costs $2.00 per pound. the walnuts cost $6 per pound. he uses the equation to represent the total cost, where x represents the number of pounds of granola and y represents the number of pounds of walnuts. he solves the equation for y, the number of pounds of walnuts he can buy. answer- b tomas added 6 to both sides of the equation instead of subtracting 6. just took the test
Answers: 1
question
Mathematics, 21.06.2019 18:30
Find an equation of the line perpendicular to the graph of 28x-7y=9 that passes through the point at (4,1)
Answers: 2
question
Mathematics, 21.06.2019 19:00
Solve 3x-18=2y and 5x-6y=14 by elimination or substitution . show all !
Answers: 1
You know the right answer?
Revere College predicts that in 6 years it will take $150,000 to attend the college for four years....
Questions
question
Mathematics, 22.08.2019 05:30
question
Mathematics, 22.08.2019 05:30
question
Mathematics, 22.08.2019 05:30
question
English, 22.08.2019 05:30