document.write( "Question 140341This question is from textbook College Algebra
\n" ); document.write( ": Sue and Tom have a new baby and wish to create a college fund for the child at age 18. How much money is needed to be invested now in an account that draws 10% compounded instantaneously if they want $30,000 when the child enters college? Use A=Pe^rt\r
\n" ); document.write( "\n" ); document.write( "I did this. Please help.
\n" ); document.write( "30000=Pe(10)(18)
\n" ); document.write( "e8.006=e5.192
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Algebra.Com's Answer #102203 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"A+=+P%2Ae%5E%28rt%29\"
\n" ); document.write( "\"30000+=+P%2Ae%5E%28.1%2A18%29\"
\n" ); document.write( "\"30000+=+P%2Ae%5E1.8\"
\n" ); document.write( "\"30000+=+P%2A6.0496\"
\n" ); document.write( "\"P+=+30000+%2F+6.0496\"
\n" ); document.write( "\"P+=+4958.97\"
\n" ); document.write( "The need to invest about $4,959.00
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