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 24 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
Excellent


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library