Trust Fund On the day a person is born, a deposit of $50,000 is made in a trust fund
Chapter 3, Problem 39(choose chapter or problem)
Trust Fund On the day a person is born, a deposit of $50,000 is made in a trust fund that pays 8.75% interest, compounded continuously. (a) Find the balance on the persons 35th birthday. (b) How much longer would the person have to wait for the balance in the trust fund to double?
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