10.A savings bond offers interest at a rate of 6.0%, compounded monthly. Suppose that an $8000 bond is purchased a)Write an equation for the value of the investment as a function of time, t, in years. b) Determine the value of the investment after 5 years. c)How long will it take for the investment to triple in value, to the nearest tenth of a year?

Q: 12. How long will it take an investment of of $7,000 to triple in value if it is invested at 6.5%…

A:

Q: 12. You deposit $2000 in an account that pays 2% interest compounded continuously. When does the…

A:

Q: 6) Stanley Bank offers a money market account that earns 1.85% compounded continuously: a) If…

A:

Q: 33. What rate of interest compounded annually is required to triple an investment in 5 years?

A: Given, after 5 years investment is triple

Q: Suppose you as a businessman leave an initial amount of 600$ in savings account at an annual rate of…

A: Simply use the formula of the Compound interest.

Q: 5. Suppose that $4100 is invested at 2.3 % compounded quarterly. How much will be in the account…

A:

Q: 9) Find the effective rate of interest correspe nominal rate of 7%per year compounded. a.…

A:

Q: Find the interest rate required for an investment of $3000 to grow to $4000 in 6 years if the…

A: Given: investment : A=$4000Principal: P=$3000,  t=6 Use formula for compounded continuously, which…

Q: Suppose you make an investment of $1000 that you are not allowed to cash in for 10 years.…

A: Principle amount invested = $10000investment decreases by 10% each year∴ Rate of interest…

Q: 9. If 8000 dollars is invested in a bank account at an interest rate of 6 per cent per year,…

A:

Q: 36. (a) How long does it take for an investment to triple in value if it is invested at 6%…

A:

Q: Given an interest rate of zero percent, the future value of a lump sum invested today wil always:…

A: Topic = Algebra OA. remain constant, regardless of the investment time period.

Q: 8. How much more does $1,000 earn in 8 years, compounded daily at 3%, than $1,000 over 8 years at…

A:

Q: Assume that you can earn 6% on an investment, compounded daily. Which of the following options would…

A:

Q: McDonalds estimates it will have a continuous income flow of f(t)= 2510 dollars per year from…

A: Given that the continuous income flow is f(t) = 2510 dollars per year To calculate:  (A) The present…

Q: Suppose the value of a different stock that you own is decreasing. If the value of your stock has a…

A:

Q: 1. Suppose that a couple invested P50, 000 in an account when their child was born, to prepare for…

A: NOTE: As Per our guidelines, I have solved first problem.   P be principal amount A be the final…

Q: 7) Shawna invests $1,233 in a savings account with a fixed annual interest rate of 6% compounded…

A: We need to find amount accumulated in 8 years.

Q: If u make an investment of $5000 and the investment earns an annual interest rate of 2.1%, how much…

A: The simple interest SI on a sum of P at R rate of interest for T years is expressed as SI=P×R×T100…

Q: Find the interest rate r needed for an investment of $4000 to grow to $28,000 in 6 years if interest…

A: We will use future value formula to find interest rate

Q: 5) Suppose you bought a used car for $18,000 a few years ago, and its value has been decreasing at…

A: Consider the number of years as x and the value of car as y. The worth of the car is $18,000 and it…

Q: (3) If the Nigerian population was 65 million in 1950 and 85 million in 1970, what will the popu-…

A:

Q: If prices increase at a monthly rate of 3.4%, by what % do they increase in a year?

A: Annual increase = (((monthly increase+100)/100 )12 -1) 100 Hence Annual increase = ((103.4/100)12…

Q: 2. How long will it take$5000 to grow to $20,000 if the investment earns interest at the rate of 6%…

A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

Q: Suppose the value of a different stock that you own is decreasing. If the value of your stock has a…

A:

Q: 7. How many years would it take for $450 to amount to $5000 if it is invested at 3.9% per annum…

A: The initial amount is: $450 The compound interest is: 3.9% The amount interested per annum…

Q: Find the amount of a continuous money flow in which $200 per year is being invested at 7.5%,…

A: To find the amount after 25 years

Q: If the price of gold decrease at a monthly rate of 2.1%, by what percentage does it decrease in a…

A: If something is decreasing at 2.1% per month,then after 1 month we have 100%-2.1%=97.9%so after each…

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

A:

Q: Suppose that $7,100 is invested at 4.5% annual interest​ rate, compounded monthly. How much money…

A:

Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

Q: Bank A advertises a money market account that pays 2.2% compounded quarterly. Bank B advertises a…

A:

Q: 4.52 What effective interest rate per month, compounded continuously, would be required for a single…

A: We have to find out the interest rate that would triple the amount in 5 years if compounded monthly.

Q: a.) What will an investment of 30 000 Euros at 5.6% p.a. interest compounded annually amount to…

A:

Q: How long would it take for an investor to double his money at 10% interest per year, compounded…

A:

Q: 15. Suppose $5000 is invested at 8% interest compounded annually. How many years will it take for…

A: The formula for compound interest is  where P is principle Amount, R is rate of interest and T is…

Q: 5. How long will it take an account paying 6% annual interest to double if it is compounded monthly?

A: Compound interest is the summation of the interests to the principal amount which has been deposited…

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: 4. How many years (to the nearest tenth) will it take for a $1500 investment to double with an…

A:

Q: If the price of gold decreases at a monthly rate of 2.6% by what percentage does it decrease in a…

A: We have to find given percentage decrease.

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: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

Q: (a) How long does it take for an investment to triple invalue if it is invested at 6% compounded…

A: (a). When interest is compounded periodically then formula for amount is given as: A=P1+rnnt, where…

Q: 4. Find out how many months it will take for 1000 taka to grow to 20000. Given 6% annual interest…

A:

Q: What will a $90,000 house cost 4 years from now if the price appreciation for homes over that period…

A:

Q: What present value P amounts to $280,000 if it is invested at 8%, compounded semiannually, for 16…

A: If investment or present value = $P interest rate = r  compounded m times per year. and time period=…

Q: 1. The value of a car depreciates at a rate of 12% per year. If its original cost is $12,000.00,…

A:

Q: b. Suppose you as a businessman leave an initial amount of $600 in a savings account at an annual…

A:

Q: Find the amount that results from the given investment. $500 invested at 4% compounded quarterly…

A: Formula used:Future value formula