bessammuqbel bessammuqbel
  • 23-02-2021
  • Mathematics
contestada

At your child's birth, you begin contributing monthly to a college fund. The fund pays an APR of 4.1% compounded monthly. You figure your child will need $40,000 at age 18 to begin college. What monthly deposit is required? (Round your answer to the nearest cent.)

Respuesta :

nmoore0409
nmoore0409 nmoore0409
  • 23-02-2021

Answer:

$185.19

Step-by-step explanation:

Answer Link

Otras preguntas

sin 48,59 = 0,75, maka cos 138,59 =
use the order of operations to evaluate each expression. 4x4+3
How do I solve this complex multi-step equation 2x + (-2 )= 10x - 4 ?
What are 2 thirds of 800
why are humans more like animals than plants
What process are sedimentary rocks formed from igneous rocks?
sin 48,59 = 0,75, maka cos 138,59 =
Ken spends 1/5 of his money on a dictionary. He gives $21 to his brother and has1/2 of his money left. How much money does Ken have left?
Eric and frank want to equally share 4/3 feet of rope. What length of rope should each friend get? Explain how to use a drawing to help solve the problem.
The organ system that consists of ductless glands that secrete hormones and the molecular receptors on target cells that respond to the hormones is known as the