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?
<pre>I don't know where the other person got 5 years from, but the correct answer is: {{{highlight_green("$2,948.49")}}}