Me asap. full explication and good answers.
1 -on the day of a child's birth, a sum of m...
Mathematics, 02.12.2019 21:31, hmu323
Me asap. full explication and good answers.
1 -on the day of a child's birth, a sum of money is to be invested into a certificate of deposit (cd) that draws 6.2% annual interest compounded continuously. the plan is for the value of the cd to be at least $20,000 on the child's 18th birthday.
if the amount of money invested is to be a multiple of $1,000, what is the minimum that should be invested initially, assuming that there are no further deposits or withdrawals.
2- jeffrey has won a lottery and has elected to take a $10,1000 per month payment. at the beginning of the year, jeffrey deposits the first payment of $10,000 in an account that pays 7.6% interest annual, compounded continuously. at the very beginning of each month, he deposits another $10,000. how much will he have at the very end of the year ?
warnings : i know its hard and that's why i need your . i don't just you to give me the answer, i want you to explain it to me clearly enough so i can do another by myself. if you have any question use the comment section which is up there ↑.
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Candice uses the function f(t)=t+100−−−−−−√ to model the number of students in her after-school program. the variable t represents days and f(t) represents the number of students. how many days does it take for there to be 15 students in her program? a. 225 days b. 125 days c. 325 days d. 115 days
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