Trust fund a deposit of $10,000 is made in a trust fund that pays 7% interest, compounded continuously. it is specified that the balance will be given to the college from which the donor graduated after the money has earned interest for 50 years. how much will the college receive?

After 50 years college will receive a amount of $294570.25

Step-by-step explanation:

We have given deposited amount P = $10000

Rate of interest r = 7 %

Time is given t = 50 years

We have to find the amount after 50 years which college receive

Amount is given by

So after 50 years college will receive a amount of $294570.25

452,489 to the nearest thousand is 452,000

answer: evaluate the objective function at each vertex to determine which - and -values, if any, maximize or minimize the function. example: find the minimum value and maximum value of the objective function f ( x , y ) = 4 x + 5 y , subject to the following constraints