document.write( "Question 1155406: Mr. and Mrs. Hall hope to send their daughter to college in thirteen years. How much money should they invest now at an interest rate of 9% per year, compounded continuously, in order to be able to contribute $9500 to her education? \n" ); document.write( "
Algebra.Com's Answer #777976 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
P=Poe^rt
\n" ); document.write( "9500=Poe^(.09*5);e^.45=1.5683 (round only at end)
\n" ); document.write( "so Po*1.5683=9500
\n" ); document.write( "Po=9500/1.5683=$6057.47, rounding only at the end.
\n" ); document.write( "
\n" );