subject
Mathematics, 09.05.2021 09:40 lmirandanvmi

Mr. and Mrs. Nelson hope to send their daughter to college in twelve years. How much money should they invest now at an interest rate of 9.5% per year, compounded continuously, in order to be able to contribute $8500 to her education?
Do not round any intermediate computations, and round your answer to the nearest cent.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Aman is 6 feet 3 inches tall. the top of his shadow touches a fire hydrant that is 13 feet 6 inches away. what is the angle of elevation from the base of the fire hydrant to the top of the man's head?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Find the constant of variation for the relation and use it to write an equation for the statement. then solve the equation.
Answers: 1
question
Mathematics, 21.06.2019 19:30
Acar started driving from city a to city b, distance between which is 620 miles, at a rate of 60 mph. two hours later a truck left city b and started moving towards city a at a rate of 40 mph. how many hours after the truck's departure will the two meet?
Answers: 1
question
Mathematics, 21.06.2019 22:00
Hurry which expression is equivalent to 3√x^5y?
Answers: 1
You know the right answer?
Mr. and Mrs. Nelson hope to send their daughter to college in twelve years. How much money should th...
Questions
question
Mathematics, 21.09.2019 04:30
question
Mathematics, 21.09.2019 04:30