Anu Suppose that a new parent wants to invest into a PA 529 education savings account. If they decide to put in $150 every month, and the account earns interest at 6% compounded continuously, how much money would they have in 18 years? Would it be enough to cover $77,144 (the current tuition and fees for four years at Penn State University Park?)
Anu Suppose that a new parent wants to invest into a PA 529 education savings account. If they decide to put in $150 every month, and the account earns interest at 6% compounded continuously, how much money would they have in 18 years? Would it be enough to cover $77,144 (the current tuition and fees for four years at Penn State University Park?)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Suppose that a new parent wants to invest into a PA 529 education savings account. If they decide to put in $150 every month, and the account earns interest at 6% compounded continuously, how much money would they have in 18 years? Would it be enough to cover $77,144 (the current tuition and fees for four years at Penn State University Park?)
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