Apply to our new \$5,000 scholarships
> > > > Problem 30

# A student has saved \$70,000 for her college tuition. When

## Problem 30 Chapter 1.8

Differential Equations 00 | 4th Edition

• 2901 Step-by-step solutions solved by professors and subject experts
• Get 24/7 help from StudySoup virtual teaching assistants

Differential Equations 00 | 4th Edition

4 5 0 233 Reviews
18
2
Problem 30

A student has saved \$70,000 for her college tuition. When she starts college, she invests the money in a savings account that pays 1.5% interest per year, compounded continuously. Suppose her college tuition is \$30,000 per year and she arranges with the college that the money will be deducted from her savings account in small payments. In other words, we assume that she is paying continuously. How long will she be able to stay in school before she runs out of money?

Step-by-Step Solution:
Step 1 of 3
Step 2 of 3

Step 3 of 3

##### ISBN: 9780495561989

Differential Equations 00 was written by Patricia and is associated to the ISBN: 9780495561989. Since the solution to 30 from 1.8 chapter was answered, more than 334 students have viewed the full step-by-step answer. The answer to “A student has saved \$70,000 for her college tuition. When she starts college, she invests the money in a savings account that pays 1.5% interest per year, compounded continuously. Suppose her college tuition is \$30,000 per year and she arranges with the college that the money will be deducted from her savings account in small payments. In other words, we assume that she is paying continuously. How long will she be able to stay in school before she runs out of money?” is broken down into a number of easy to follow steps, and 82 words. This textbook survival guide was created for the textbook: Differential Equations 00, edition: 4. The full step-by-step solution to problem: 30 from chapter: 1.8 was answered by Patricia, our top Math solution expert on 01/02/18, 12:51PM. This full solution covers the following key subjects: . This expansive textbook survival guide covers 90 chapters, and 1456 solutions.

#### Related chapters

×
Get Full Access to Differential Equations 00 - 4 Edition - Chapter 1.8 - Problem 30

or

Don't have a StudySoup account? Create one here!

Get Full Access to Differential Equations 00 - 4 Edition - Chapter 1.8 - Problem 30

or

I don't want to reset my password

Need help? Contact support

Need an Account? Is not associated with an account
We're here to help