Carl’s parents anticipate needing $100,000 when he is 18 for his college education. If he is 5 years old now, how much should they invest in an investment plan that pays 7.2% compounded quarterly? Round to the nearest cent.

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Step-by-step explanation:

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step-by-step explanation:

from the graph attached below:

domain of graph is the value of x for which the given function profit function p(x) is defined.

(a) the domain represents the number of years for which the outlet will earn a profit.

range of profit function defines the lowest to highest value of profit earned.

(b) the range of this function is (0 , 160 ). for this function, the range represents the outlet's profit earned.