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Algebra
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OpenStudy (anonymous):
A survey estimates the current average cost of college to be $33769 per year. (a) If the average cost of college increases by 6.7% each year, what will be the average cost of college 15 years from now? (b) If a savings plan offers a rate of 5.8% compounded continuously, how much should be put in the plan now to pay for 1 year of college 15 years from now?
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OpenStudy (dan815):
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