The Drucker family wants to establish an ongoing scholarship award at a college. Each year in June

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The Drucker family wants to establish an ongoing scholarship award at a college. Each year in June $3000 will be awarded, starting 1 year from now. What amount must the Druckers provide the college, assuming funds will be invested at 10% compounded continuously?

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Related Book For  answer-question

Calculus With Applications

ISBN: 9780321831101

10th Edition

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

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