19. Angela invests $3,500 in a money market account earning 2.5% compounded continuously. How mush money will Angela have in her account at the end of 12 years?

Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

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

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

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

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Q: 44. If you invest $10,400 in the United States, and the interest is compounded monthly, when, to the…

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Q: 11. In how many years will P6,500 accumulate to P10,000 if it is invested at 12% compounded…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: Suppose $2200 is invested in an account that offers 8% compounded half-yearly. How long will it take…

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Q: Assuming that you invest $13,000 in the United States, how long (to the nearest year) must you wait…

A: The formula for compound interest is, A=P1+r100n where, A is compounded amount P is the Principal…

Q: 6. Find the nimber of.years required for a $2000 investment to triple at a 9% interest rate…

A: The formula for continuous compounding is A=pert where A is the final amount p is principal amount r…

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

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Q: Suppose $22,000 is invested in an account with an APR of 5.3%. a. If the interest is compounded…

A: Given: P=$22000 R=5.3% annually T= 6 years a) Compounded annually n=1 A=P1+R100nnT…

Q: Find the accumulated present value of a 11-year $70,000 continuous income stream that has been…

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Q: 1. Mr.Joe deposited $10,000 in a savinga account at 5%. If interest is compounded monthly. What…

A: As per Bartleby guidelines, we are supposed to solve only first question if multiple questions are…

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the interest is…

A: The principal amount Evelyn is going to invest is:  $3,500 Time period:  t = 16 years Interest is…

Q: How much would you have to pay into an account at the beginning of every 3 months to accumulate…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: If $15,500 is invested at a rate of 7.5% per year compounded monthly a) after 1 month b) after 6…

A: Given $15,500 is invested at a rate of 7.5% per year compounded monthly To find the amount a) after…

Q: If $30,000.00 is invested 6 1/4%(six and one fourth percent) compounded quarterly for 8 years, how…

A: Given,            P = $30,000.00  ; r = 614%=254%=0.0625 and time = 8 years

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: 3- Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years…

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Q: s) How much should be invested now so that in 10 years there will be $7,000 in an punt that offer a…

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Q: A survey estimates the current average cost of college to be $34,340 per year. (a) If the average…

A: Given query is to find the average cost of college after 10 years.

Q: 4. What initial investment would result in $20.000 after 12 years if the interest rate is 3.6% and…

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Q: What sum must be deposited today at 10 % per year compound quarterly, if the goal is to have a…

A: Let S be the sum deposited . and Let A be the compound  amount i.e. A=$50,000 Now t=6 years It is…

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

A: Let P be the principal amount.

Q: 6) Determine the amount and interest of $10 500 invested at a rate of 3 -% compounded 8.…

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Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: 1. A man invests $10, 000 in an account that pays 8.5% interest per year, compounded quarterly. What…

A: *** As per our guidelines we are supposed to answer only one question at a time. Since you have…

Q: 3)if a child is given $25,000 at birth and that amount is invested at 9% annual interest, at what…

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Q: What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

A: Compounded interest for an investment of P done for a period of t years at an interest rate of r…

Q: What amount should a person deposit today in a bank investment that pays 1.13% per month compounded…

A: Let the current funds deposited be X. Now expressing the question as an equation  Current…

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: Checking Homework. Show Work.

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

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Q: What present value amounts to S8,125.28 if it is invested for 3 years at 5% compounded quarterly?…

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Q: If $1000 is invested at 7% compounded quarterly, what is the interest earned after: a) 5 years…

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Q: 3. Abigail wants to save $15,000 to buy a car in seven years. If she deposits $10,000 into an…

A: Continuously compounded interest is interest that is computed on the initial principal amount, as…

Q: 2) 2) Susan purchased a painting in the year 2000 for $5000. Assuming a continuous exponential rate…

A: We can find the worth of the painting after 8yr as below

Q: Steve decided to deposit $4,680 into a savings account with 6.5% interest, compounded quarterly.…

A: Consider the formula for compound interest: F=P1+rnnt

Q: 31. What rate of interest compounded annually is required to double an investment in 3 years? How

A: Suppose A be the amount, P be the principal, r be the rate of interest and t be the time for n times…

Q: 7. Suppose that in 1880, one of your ancestors invested $46 compounded semi-annually at 6.5%. If…

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Q: 1. You can make a one-year investment at 7.8% compounded monthly, or 8.1 %compounded semi-annually.…

A: The formula for the compound interest is given by A=P1+rnnt, where A is the final amount, P is the…

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: Suppose that you have $5000 to invest. Which investment yields the greater return over 5 years: 5.5%…

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Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

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Q: 17. An account with an initial deposit of $ 6,500 earns 7.2% annual interest, compounded annually.…

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