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 84 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
YES! Correct, THANKS for helping me on my review


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library