If your parents invested $1000 (single deposit) in stocks when you were born in 1994 at a simple interest rate of 6%, how much would you have to use for college in 2012? Round your answer to two decimal places.
If your parents invested $1000 (single deposit) in stocks when you were born in 1994 at a simple interest rate of 6%, how much would you have to use for college in 2012? Round your answer to two decimal places.
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 65SE: Jamal wants to save 54,000 for a down paymenton a home. How much will he need to invest in anaccount...
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If your parents invested $1000 (single deposit) in stocks when you were born in 1994 at a simple interest rate of 6%, how much
would you have to use for college in 2012? Round your answer to two decimal places.
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