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Author Question: Following the birth of a child, a parent wants to make an initial investment P0that will grow toby ... (Read 87 times)

drink

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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
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Marked as best answer by drink on Jun 16, 2021

at

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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.
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drink

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review

emsimon14

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Reply 3 on: Yesterday
:D TYSM

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