Provide an appropriate response.A trust fund for a child's education is being set up by a single payment so that at the end of 17 years there will be $31,000. If the fund earns interest at the rate of 8.25% compounded monthly, how much money should be paid into the fund initially?
Fill in the blank(s) with the appropriate word(s).
$7662.10
Mathematics
You might also like to view...
Solve the problem.Find the average height of the paraboloid above the annular region
in the
.
A.
B. 17
C. 42
D.
Mathematics
If the U.S. dollar continues to be weak compared with the euro for the long term, it will
A. encourage European companies to increase the export of goods to the U.S. B. encourage European companies to make direct investments in the U.S. to manufacture goods here. C. encourage U.S. companies to import European goods D. discourage European companies from making direct investments in the U.S. to manufacture goods here.
Mathematics
Solve the equation.7x = 2(3x - 1)
A. -2 B. -1 C. 1 D. 2
Mathematics
Find the slope of the line and sketch the graph.y + 5 = 0
A. m: undefined
B. m = -5
C. m = -
D. m = 0
Mathematics