I need help with number 52 s $100 tow long willontinuous,0 to investg will it beuous, how-ars will it$25,000?tinuously.ars will it$80,000?tinuously.$90,000preciationmpoundedges 1.25%ith chargecustomerns. What isor $15,000arents forntinuously,ths to payhe has then accountths he willSECTION 4.7 Financial Models 34751. Comparing IRA Investments Will invests $2000 in hisIRA in a bond trust that pays 9% interest compoundedsemiannually. His friend Henry invests $2000 in his IRAin a certificate of deposit that pays 8% compoundedcontinuously. Who has more money after 20 years, Will orHenry?52. Comparing Two Alternatives Suppose that April has accessto an investment that will pay 10% interest compoundedcontinuously. Which is better: to be given $1000 now so thatshe can take advantage of this investment opportunity or tobe given $1325 after 3 years?53. College Costs The average annual cost of college at 4-yearprivate colleges was $29,056 in the 2012-2013 academicyear. This was a 4.2% increase from the previous year.Source: The College Board(a) If the cost of college increases by 4.2% each year, whatwill be the average cost of college at a 4-year privatecollege for the 2030-2031 academic year?(b) College savings plans, such as a 529 plan, allowindividuals to put money aside now to help pay forcollege later. If one such plan offers a rate of 4%compounded continuously, how much should be put in acollege savings plan in 2015 to pay for 1 year of the costof college at a 4-year private college for an incomingfreshman in 2030?54. Analyzing Interest Rates on a Mortgage Colleen and Billhave just purchased a house for $650,000, with the sellerholding a second mortgage of $100,000. They promise topay the seller $100,000 plus all accrued interest 5 years fromnow. The seller offers them three interest options on thesecond mortgage:(a) Simple interest at 12% per annum

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Comparing Two Alternatives Suppose that April has access to an investment that will pay 10% interest compounded continuously. Which is better: to be given $1000 now so that she can take advantage of this investment opportunity or to be given $1325 after 3 years?