4. How much money would you have in 5 years if today you invested $500 in a continuously compounded account at a rate of 3.75% ? How about after 10 years? 20 years? 40 years?.

Q: Your plan is to invest now and cash in your investment in 30 years to have $200,000. How much would…

A:

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

A:

Q: How long did it take for an investment of $21,250 to grow to at least $24,000 at 2.50% compounded…

A:

Q: 3) Suppose that you have $6,000 to invest. Which investment yields the greater return over 4 years:…

A:

Q: 5. How long does it take for a $10,000 to double when it is invested at 8.85% yearly compounded…

A: Given that: Principal amount, P = $10000                   Rate of interest, r=8.85 % compounded…

Q: 1. How many whole years will it take money to be four times (itself) its value at the rate of 7%…

A: Topic - compound Interest Note: as per bartleby guidelines,we are supposed to solve only first…

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

A:

Q: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

A: Formula of compound interest: A=P1+rnnt where A= Final amount P= Principal amount r= Rate of…

Q: How much hould I invest now to yield $25 000 in 3 years' time, if the money can be invested at a…

A:

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: A survey estimates the current average cost of college to be $33,245per year.   ​(a) If the average…

A:

Q: Logan is going to invest in an account paying an interest rate of 3.1% compounded continuously. How…

A: We have given amount A = $990  Rate of interest r = 3.1% = 0.031 Time t= 6 years   We have to find…

Q: How much money should be deposited today in an account that earns 6% compounded monthly so that it…

A: If an amount P is deposited today in an account that earns interest rate r per compounding period,…

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: How long will it take for your investment to grow 25% if the annual percentage rate is 3.5%…

A: Introduction :We have asked for the time period will it take to grow a amount to its 25% , where the…

Q: What is the compound interest if $43,000 is invested for 5 years at 6% compounded continuously?

A: To find the final value of an investment use this compound interestformula:Investment Value = P x (…

Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

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: (i) What rate of interest compounded annually is needed to make an investment of $6,500 accumulate…

A:

Q: If $400 is invested at an interest rate of 2.5% per year, find the amount of the investment at the…

A: Explanation: Given that: Principal(P) = $400 Rate(r) = 2.5% or .025 per year Concept: 1. A=P1+rnnt…

Q: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

A: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

Q: 6. Suppose you want to have $12,450 in an account 16 years from now, and the APR is 2.3%. (a) If…

A: A=$12450 r=2.3% =0.023 t=16 years  n=4 (quarterly ) A=P(1+r/n)^(n*t)

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: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

Q: 2. (a) If you invest $ 3000 in an account that pays 9% APR compounded continuously, how much will…

A: As per guidelines,we will solve only first question. If you want solution of another question ,…

Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

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: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is…

A:

Q: Suppose that you have opened a saving account with an initial deposit of $5,600. The account offers…

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: (3) (i) What rate of interest compounded annually is needed to make an investment of $6,500…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Suppose you invest $5000 and would like your investment to grow to $10,000 in eight years. What…

A: Given that the initial amount= P=5000 Final amount=A= 10000 Time=t= 8 years  n=number of times…

Q: How much should you invest now (to the nearest dollar) in an account that earns interest at a rate…

A: Given: Amount after 15 years=$11,000 Rate of interest compounded continuously=6.4% To find: Amount…

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: 2. $2100 is invested at a rate of 7% compounded monthly. What is the amount after 10 years?

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

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: how much should you invest at 4.8% compounded continuously to have $5000 in 2 years

A:

Q: Carter is going to invest $79,000 and leave it in an account for 12 years. Assuming the interest is…

A: Simply use the formula for compound interest.

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: 3) (i) What rate of interest compounded annually is needed to make an investment of $6,500…

A:

Q: checking Homework. Show Work.

A:

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: How much do you have to invest at 2.4% interest compounded quarterly if you need to have $300,000…

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: A company will need 1,500 barrels of fuel at the end of this month, and its needs will increase at…

A: Use the formula: Final quantity=Original Quantity1+Rate of increase per each time-interval100Number…

Q: van wants to put some money into an investment fund that has paid, on average, 13.2% per ar,…

A: Given query is to find the investment amount so that the future value will be 10000