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Having Received a Large Inheritance, a Child's Parents Wish to Establish

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Having received a large inheritance, a child's parents wish to establish a trust for the child's college education. If 7 year(s) from now they need an estimated $60,000, how much should they set aside in trust now, if they invest the money at the given rate of interest. Round your answer to the nearest cent.

13.5 compounded quarterly

$__________

13.5 compounded continuously

$__________

Investigate the strategies employed by indigenous peoples to resist European colonization, including alliances and warfare.
Compare and contrast the religious motivations and practices that influenced the colonization strategies of Spain, France, and England in North America.
Assess the influence of specific historical events in Europe on the colonization efforts and policies in North America.
Understand the basic principles of different motivational theories including arousal theory, drive-reduction theory, and the Yerkes-Dodson law.

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