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Mathematics, 16.06.2020 17:57 TylerBerk5309

Suppose an individual wants to have exactly $400,000 available for her child's education. (a) Find the amount that would have to be invested at 12% compounded continuously, if the number of years until college is 9 years. (Round your answer to the nearest cent.) (b) Find theamount that would have to be invested at 12% compounded continuously, if the number of years until college is 18 years. (Round your answer to the nearest cent.)

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