subject
Mathematics, 07.02.2022 09:20 bianca7183

Suppose an individual wants to have $200,000 available for her child's education. Find the amount that would have to be invested at 12%, compounded continuously, if the number of years until college is (a) 7 years
(b) 14 years.
(c) Does leaving the money invested twice as long mean that only half as much is needed initially? Explain why or why not.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
What is the sum of these mixed numbers 2 1/8 + 4 3/8
Answers: 1
question
Mathematics, 21.06.2019 22:00
The birth weights of newborn babies in the unites states follow in a normal distrubution with a mean of 3.4 kg and standard deviation of 0.6 kg. reaserches interested in studying how. children gain weights decide to take random samples of 100 newborn babies and calculate the sample mean birth weights for each sample
Answers: 1
question
Mathematics, 21.06.2019 22:30
Find the area of the region that is inside r=3cos(theta) and outside r=2-cos(theta). sketch the curves.
Answers: 3
question
Mathematics, 21.06.2019 22:30
Agallon of apple juice cost $7 a pack of eight 4.23oz box of apple juice $2.39 which is a better deal
Answers: 1
You know the right answer?
Suppose an individual wants to have $200,000 available for her child's education. Find the amount th...
Questions
question
Mathematics, 12.10.2020 01:01
question
Arts, 12.10.2020 01:01
question
Mathematics, 12.10.2020 01:01
question
Mathematics, 12.10.2020 01:01
question
Mathematics, 12.10.2020 01:01