Wednesday

August 27, 2014

August 27, 2014

Posted by **Kiki** on Sunday, February 16, 2014 at 5:57pm.

If the parents do not invest any additional money into this fund, how much will each of the boys have toward his education when they reach 18 years old? Use the formula: , where A is the amount at the end of a specific length of time, P is the initial amount of the investment, r is the rate as a decimal and t is time. Round your answer to the nearest cent.

- Math -
**Anonymous**, Sunday, March 2, 2014 at 12:32pm90

**Related Questions**

math - When Melissa was born, her parents put $8,000 into a college fund account...

mah - When Melissa was born, her parents put $8,000 into a college fund account ...

math - The management of Gibraltar Brokerage Services anticipates a capital ...

Business Algebra - Invest $23,000 in a savings account at 4.25% interest ...

math - Jim wants to deposit money in an account to save for a new stereo system ...

math - you invest $10,000 in a savings account that pays 6.6%, compounded ...

math - You want to have $85,000 college fund in 15 years. HOw much will you have...

Math - The management of Gibraltar Brokerage Services anticipates a capital ...

Math - Danny invested$5,000 into his savings account for college when he was 13...

math - 8) A high school graduating class is made up of 445 students. There are ...