This topic contains a solution. Click here to go to the answer

Author Question: Following the birth of a child, a parent wants to make an initial investment P0that will grow to ... (Read 12 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546

Question 1

Find the present value of $12,500  due 9 yr  later at 12.9% compounded continuously.
◦ $3914.66
◦ $2664.66
◦ $38,664.03
◦ $39,914.03

Question 2

Following the birth of a child, a parent wants to make an initial investment P0 that will grow to $70,000 by the child's  birthday.  Interest is compounded continuously at   What should the initial investment be?
◦ $15,018.37
◦ $113,062.05
◦ $507.32
◦ $14,132.76


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eruditmonkey@yahoo.com on Jun 16, 2021

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




eruditmonkey@yahoo.com

  • Member
  • Posts: 546
Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

For a complete list of videos, visit our video library