compound interest, Mathematics

some experts estimate that the cost of education in the US increases by 6% p.a. An Ivy League college currently costs $24,502 for one year''s study today. Using compound interest rate of 6% p.a, calculate the total cost of one years tuition 6 years and 3 months from now, compounding, semi annually.
Posted Date: 11/24/2015 11:38:37 AM | Location : Antigua and Barbuda







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