This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Following the birth of a child, a parent wants to make an initial investment P0that will grow toby ... (Read 83 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 16, 2021

Question 1

Find the present value of  $57,000 due 15 years later at 8%, compounded continuously.
◦ $285,000
◦ $17,168.07
◦ $189,246.66
◦ $16,206.66

Question 2

Following the birth of a child, a parent wants to make an initial investment P0 that will grow to  by the child's 20th birthday.  Interest is compounded continuously at 7%.  What should the initial investment be?
◦ $8137.7
◦ $13,750
◦ $133,821.6
◦ $7730.81
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by drink on Jun 16, 2021

at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 16, 2021
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


drink

  • Member
  • Posts: 554
Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Caregivers’ responses sometimes help a child with strong emotions adapt to the environment. Caregivers’ responses sometimes help a child with strong emotions adapt to the environment.
The fact that a mother works outside the home has no negative effect on the well-being of her child ... The fact that a mother works outside the home has no negative effect on the well-being of her child ...
To use a battery charger, make sure the charger is connected to the battery before plugging in the ... To use a battery charger, make sure the charger is connected to the battery before plugging in the ...
Genital herpes—U.S. initial visits to physicians' offices, 1866–2009. Genital herpes—U.S. initial visits to physicians' offices, 1866–2009.
If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is
Carnivorous plants of the genus Nepenthes grow in nitrogen-poor soil Carnivorous plants of the genus Nepenthes grow in nitrogen-poor soil
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library