1. If Php 6,000 is deposited in an account paying 5% interest compounded quarterly, what will be the amount after 10 years?

Q: a) How long (to the nearest day) before the value is $1,250?   ( answer should be in years, days)…

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Q: Second National Bank offers an account that earns 4.70% per year, compounded continuously. If a…

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Q: What rate of interest compounded annually is required to double an investment in 4 years? The rate…

A: Formula used:The simply annual compound interest formula

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Q: Suppose that $15,903 is invested at an interest rate of 5.2% per year, compounded continuously. a)…

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Q: How long will it take an investment of $4000 to double if the investment earns interest at the rate…

A: We will find how long will it take an investment to double as following.

Q: In 20 years, a father wants to accumulate $50,000 to pay for his daughter's college expenses. How…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=50000 r=8%=0.08 t=20 years

Q: Mary invested her $42, 000 bonus in an account earning 7.2% annual interest that is compounded…

A: We know that formula for compound interest is Given:  A=3×Principal balance = $126000 P=$42,000;…

Q: Why is the base of an exponential function restricted to positive numbers not including 1?

A: Why is the base of an exponential function restricted to positive numbers not including 1?

Q: Suppose that $1,000 is invested at 5% interest compounded continuously. Use the formula A = Pert.…

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Q: How long, to the nearest tenth of a year, will it take $600 to grow to $2000 at 9% annual interest…

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Q: If $8000 is invested at 5% compounded continuously, what is the amount after 3 years? The amount…

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A: Please refer the attached image for complete solution.

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Q: See attached

A: Find the required values of p(t), by substituting the correct values of t

Q: Second National Bank offers an account that earns 3.86% per year, compounded continuously. If a…

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A: Recall the following fact.

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Q: Rochelle deposits $5,000 in an IRA. What will be the value (in dollars) of her investment in 15…

A: Use compound interest formula.

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A: (a)Given:

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Q: Find the equation of the following exponential function.

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Q: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

Q: A culture of 200200 bacteria growing in a Petri dish doubles in size every 33 hours.  The number of…

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