Mathematics, 23.08.2020 01:01 tommyaberman
Suppose at your birth your parents bought you a savings certificate that had a locked-in interest rate, compounded continuously. All you know is that the value of the certificate was $1,866.79 when you were 9 years old and $3,350.87 when you were 18. How much did your parents put into the certificate at your birth?
a) $1, 020.
b) 8960.
c) $1, 040.
d) 8980.
Answers: 1
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Suppose at your birth your parents bought you a savings certificate that had a locked-in interest ra...
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