rosefoley18
rosefoley18
17.11.2020 • 
Mathematics

A survey estimates the current average cost of colege to be $30,949 per year, (a) the average cost of college increases by 8 2% each year, what will be the average cost of college 10 years from now?(b)If a savings plan offers a rate of 7.4% compounded continuousy, how much should be put in the plan now to pay for 1 year of college 10 years from now?

Solved
Show answers

Ask an AI advisor a question