Mathematics, 05.11.2020 01:20 Smays6903
A philanthropist deposits $8,000 in a trust fund that pays 6.5% interest, compounded continuously. The balance will be given to the college from which the philanthropist graduated after the money has earned interest for 30 years. How much will the college receive? (Round your answer to the nearest cent.)
Answers: 3
Mathematics, 21.06.2019 20:50, RidhaH
Determine the common ratio and find the next three terms of the geometric sequence. 649-14-02-00-00_files/i0100000, 649-14-02-00-00_files/i0100001, 2, a. 3; 649-14-02-00-00_files/i0100002, 649-14-02-00-00_files/i0100003, 649-14-02-00-00_files/i0100004. c. 649-14-02-00-00_files/i0100005; 649-14-02-00-00_files/i0100006, 649-14-02-00-00_files/i0100007, 649-14-02-00-00_files/i0100008. b. 3; 6, 18, 54 d. 649-14-02-00-00_files/i0100009. 6, 18, 54 select the best answer from the choices provided a b c d
Answers: 1
A philanthropist deposits $8,000 in a trust fund that pays 6.5% interest, compounded continuously. T...
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