Solve the problem.Cindy will require $16,000 in 4 years to return to college to get an MBA degree. How much money should she ask her parents for now so that, if she invests it at
compounded continuously, she will have enough for school? (Round your answer to the nearest dollar.)
A. $7788
B. $22,933
C. $11,335
D. $11,163
Answer: D
Mathematics
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B.
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D.
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What will be an ideal response?
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A. 7.68 B. 0.0768 C. 768 D. 0.768
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A. -2.770 B. 2.646 C. -2.646 D. 2.770
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