Question
You want to invest money for your child's education in a certificate of deposit (CD). You want it to be worth $15000 in 10 years.
You want to invest money for your child's education in a certificate of deposit (CD). You want it to be worth $15000 in 10 years. How much should you invest if the CD pays interest at a 5% annual rate compounded
(a) Annually? $
(b) Continuously? $
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Performing Data Analysis Using IBM SPSS
Authors: Lawrence S Meyers, Glenn C Gamst, A J Guarino
1st Edition
1118363566, 9781118363560
