Question
A couple just had a baby. How much should they invest now at 5.7% compounded daily in order to have $40,000 for the child's education
A couple just had a baby. How much should they invest now at
5.7%
compounded daily in order to have
$40,000
for the child's education
17
years from now? Compute the answer to the nearest dollar. (Assume a 365-day year.)
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Calculus Single Variable
Authors: Brian E Blank, Steven G Krantz
2nd Edition
1118136012, 9781118136010
