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 82 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
YES! Correct, THANKS for helping me on my review

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

A toddler's developing motor skills allow the child to exert more independence and control over A toddler's developing motor skills allow the child to exert more independence and control over
One of the reasons I went to Cambodia was to interview a feral child—the boy shown here—who ... One of the reasons I went to Cambodia was to interview a feral child—the boy shown here—who ...
The initial phase of carbohydrate catabolism: glycolysis The initial phase of carbohydrate catabolism: glycolysis
Vitamin K Injection at Birth Vitamin K Injection at Birth
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library