Nuities
= PT[ (1 + )ⁿ - 1/ ]
P = PT[ 1 - (1 + )⁻ⁿ/ ]
PT = P[ /1 - (1 + )⁻ⁿ ]
Quadratic Functions
(x) = x 2 + x + c
(x) = (x - ℎ) 2 +
(x) = (x - )(x - )
x = -/2a
Roger plans to take an 18 - month college program. He estimates that he will need $750 per month for living expenses. Currently, his savings are in an account paying 3.6% per year, compounded monthly. What is the minimum amount Roger will need in his account when he starts college so he can pay his living expenses each month?
