Interest is compounded continuously at 95 what should the


At the time of the birth of a child, a parent wants to begin a college fund that will grow to $44000 by the child's 18th birthday. Interest is compounded continuously at 9.5%. What should the initial investment (P0) be?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Interest is compounded continuously at 95 what should the
Reference No:- TGS02411326

Expected delivery within 24 Hours