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- Download: http://solutionzip.com/downloads/jack-and-susan/
- Jack and Susan have just celebrated the birth of a daughter. They want to make a onetime deposit of money into an interest-bearing account so that their daughter will have $50,000 for college at age 18. At a rate of 3.5%, compounded continuously, how much money do they need to deposit?
- 1)explain your choice of method of problem solving
- 2)Explain the variety of ways to solve the problem.
- 3)Provide your rationale for selecting the method you adopted
- 4)Write out a step-by-step explanation of how the problem is solved as if you were explaining it to another person
- 5)clearly state the solution
- Download: http://solutionzip.com/downloads/jack-and-susan/
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