1. Lhanz' money became 5 times as before. Determine the interest rate if the money was compounded continuously for 20 years.

Q: Suppose you deposit money in an investment account that pays 5% annual interest compounded…

A: r=5%=0.05 Let P be the invested money and let it be doubled in t years.

Q: Find how much money needs to be deposited now into an account to obtain $6,400 (Future Value) in 14…

A: Given, A=$6,400 n= 14 years R= 3% P=?

Q: What inital investment will yield 4 000 000 in 8 years' time if your money can be invested at 3.6%…

A: Determine the initial investment that will yield 4,000,000 in 8 years if compounded annually at 3.6%…

Q: If $5000 is invested at 3% compounded continuously, what is the amount after 3 years? The amount…

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Q: Camila invested $9,100 in an account paying an interest rate of 4.6% compounded continuously.…

A: Given problem:- Camila invested $9,100 in an account paying an interest rate of 4.6% compounded…

Q: What is the compound interest if $490 is invested for 12 years at 10% compounded continuously?

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Q: If $35,000 is invested at 2.9% interest compounded continuously, how long will it take for the…

A:

Q: Suppose that the annual interest rate on your checking account is 8 percent compounded continuously.…

A: Given that:  Interest rate, r=8%                       Amount after 7 years, A=$6300…

Q: Find the present value of $4000 payable at the end of 4 years, if money may be invested at 6% with…

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Q: A 25-year-old places a continuous stream of $4,000 per year into a retirement account which has a…

A: Given that a 25-year-old places a continuous stream of $4,000 per year into a retirement account…

Q: What interest rate, to the nearest percent, is required for an investment subject to continuous…

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Q: Suppose £5000 is invested for five years. Calculate the amount accumulated at the end of five years…

A: given, Invested amount (P)=5000 Time period (t)= 5 years and the interest is compounded contiuously…

Q: shirt factory has just installed a boiler that will last for 35 years.  It is expected that there…

A:

Q: If $5,000 is deposited in an account that receives 6.1% interest compounded continuously, how much…

A: Given, Initial amount deposited, P=$5,000Rate of interest, r=6.1%=0.61

Q: If the present value of $1000 to be received in 5 years is $559.90, what rate of interest,…

A:

Q: How much money will there be in an account at the end of 7 years if $13000 is deposited at a 3.5%…

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Q: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: The principal amount is: P=$800 Rate of interest: r=4.25% And the time: t=5 years The interest is…

Q: Suppose that the annual interest rate on your checking account is 4% compounded continuously. In…

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Q: How much money will there be in an account at the end of 6 years if $14000 is deposited at a 5.5%…

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Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

A: According to the question, we have to find the total amount after 3 years , If $20,000 is invested…

Q: 2. If $500 is deposited in an account paying 8.3% annual interest, compounded continuously, how long…

A: Let us consider the principle amount P then the the amount obtained after t years at the rate of…

Q: If an investment of $7740 grows to $9635 in 6 years at continuously compounded interest, what is the…

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Q: Leonard's current salary is $65,000. Ten years from now, how much will he need to earn to retain his…

A: Given information Present annual salaryP=$65,000 Rate of inflationr=3% per year compounded…

Q: If the present value of $1000 to be received in 5 years is $548.80, what rate of interest,…

A: Given values Present value, P=$1000 time, t=5 years Amount, A=$548.80 For calculating rate of…

Q: How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate…

A: If the interest is compounded continuously, then the formula used is A=Pert, where, A is the final…

Q: How long to the nearest year will it take $50,000 to triple in values at7.5% annual interest…

A:

Q: A sum of $10,000 is invested at an annual rate of 8%. Find the balance in the account after 5 years…

A: Given: P=10,000 and r=8%=0.08, t=5 years, n=4

Q: In five years a company will purchase equipment costing $100 000. The comnpany decides to place a…

A: If the interest is compounded continuously, the formula that is used is A=Pert, where, A is the…

Q: Find the accumulated present value of an investment over a 12-year period if there is a continuous…

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Q: What interest rate is needed for $200 to grow to $500 in 5 years if the interest is compounded…

A: To find the interest rate

Q: A promissory note will pay $51,000 at maturity 12 years from now. If you pay $22,000 for the note…

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Q: Suppose you invest R10000 over a period of 6 years. If money is compounded continuously, the annual…

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Q: Suppose that money is deposited daily into a savings account at an annual rate of $1400. If the…

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Q: How much will $100 grow to if invested at a continuously compound interest rate of 8.5% for 9 years?

A: The compound interest formula for an amount P compounded annually at an interest rate of r% for a…

Q: If $4,000 is invested at 8% compounded continuously, graph the amount in the account as a function…

A: P=$4,000 , r=8%=0.08 Now by using compound interest formula for continuously compounding, we have…

Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: What initial investment at 8% compounded continuously for 5 years will accumulate to $50, 000?

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Q: Suppose that $1600 is Invested at an interest rate of 4.25% per year, compounded continuously. After…

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Q: The parents of a 3-year-old child put $10,000 into an account with the hope that the amount will…

A:

Q: If Tanisha has $1,000 to invest at 7% per annum compounded monthly, how long will it be before she…

A: We will solve the problem.

Q: Suppose that money is deposited daily into a savings account at an annual rate of $800. If the…

A:

Q: Suppose an individual wants to have $190,000 available for her child’s education. Find the amount…

A: To find the amount that would have to be invested

Q: Suppose that $1600 is borrowed for five years at an interest rate of 4% per year, compounded…

A: givenP=$1600r=4%=0.04t=5 yearscompounded continuouslywe use formula amount owed(A)=Pert

Q: how long will it take to have a final balance of $100,000 if $1,000 is invested at 5% interest rate…

A:

Q: suppose you deposit $800 in an account that pays 4.25% annuanl interest compounded quarterly for…

A: Given: Initial value:  $800 annual interest: 4.25%  compounded quarterly time: 5 years. The interest…

Q: Suppose you deposit 3 000 at a 6% interest compounded continuously. What will the Average value of…

A: Given Deposit =$3000 Interest=6% Compounded continuouslyA=Pert

Q: Suppose that money is deposited daily into a savings account at an annual rate of $1100. if the…

A: Given  P: the principal, =$1100 t: the time= 4 years r: the rate, (in decimal form)=0.05