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  • https://stats.libretexts.org/Sandboxes/JolieGreen/Finite_Mathematics_-_June_2022/04%3A_Mathematics_of_Finance/4.02%3A_Compound_Interest/4.2.01%3A_Compound_Interest_(Exercises)
    How much money should be deposited now to pay for these machines, if the interest rate is 8% compounded semiannually? How much money should they deposit in an account paying 10.2% so they will have $1...How much money should be deposited now to pay for these machines, if the interest rate is 8% compounded semiannually? How much money should they deposit in an account paying 10.2% so they will have $100,000 in 18 years to pay for their daughter's educational expenses? 15) The population of the African nation of Cameroon was 12 million people in the year 2015; it has been growing at the rate of 2.5% per year.

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