Posted by Yun on Friday, January 27, 2012 at 8:10pm.
A Parent sets up a bank account with $4000. The bank pays 8% interest. The Parent will put in $3000 every year till the child turns 18.
I need the equation.

Math, Algebra I  Henry, Sunday, January 29, 2012 at 11:43am
What is the compounding frequency?
How old is the child?