rf090565 rf090565

27-09-2020
Mathematics

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A freshman in high school has saved $8000 for college. What will this investment be worth in 4 years if the account the money was placed in earns 5.2% interest compounded continuously?

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tayloroliviamarie06 tayloroliviamarie06

27-09-2020

Answer:

If compounding annually, the student will need to put $6,208.85 into the account.

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madisonstahl45 madisonstahl45

27-09-2020

Answer:

Hopes this helps

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