4. Mr. Roberts invests $10,000 in an account that pays 3.75% interest compounded continuously. Determine: a. How much money will be in the account after 5 years? <> b. How long will it take for the account balance to double?

Q: How much is $1000 worth at the end of 2 years, if the interest rate of 5% is compounded daily?…

A: We have to find the total amount.

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: How long will it take to save $13,000 by making deposits of $100 at the end of every month into an…

A: Given that        F = future value = $13000      PMT = Periodic payment= $100       r = rate of…

Q: 1. (a) If $4500 is put in the bank today at 1.5% interest compounded continuously, how much will the…

A: (a) To find: The amount after 3 years. Given information: The invested amount is $54000 and rate of…

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

A:

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

A:

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

A:

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: You decide to invest $7,500 into an account that pays 1.1% annual compound interest. How many years…

A: The given problem is You decide to invest $7,500 into an account that pays 1.1% annual compound…

Q: Mason invested $65,000 in an account paying an interest rate of 4.6% compounded annually. Assuming…

A:

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A:

Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

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

A:

Q: 17. If Joe deposits $800 in an account paying interest at an annual rate of 6% compounded quarterly,…

A:

Q: Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly. How much money…

A: Given problem:- Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly.…

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: If $2,000 is invested at 7% compounded monthly, what is the balance after 8 years? $3,601.84…

A:

Q: 1. If P15,000 is deposited in an account that pays 5% compounded annually, how much will be in the…

A: 1. Given that, ₽15,000 is deposited in an account that pays 5% compounded annually. We have, P =…

Q: If the interest is compounded quarterly the borrower owes (1+a/4 )^4 at the end of year Where a is…

A: We can answer the question as below

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: Find the effective rate of the interest that is equivalent to an 3% rate compounded monthly. O 1.00…

A:

Q: A deposit of $4000 is made in an account that earns interest at an annual rate of 7.5%. Determine…

A:

Q: Cynthia's investment of $81,200.00 in a fund matured to $160,353.29 in 7 years. If the interest in…

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

A:

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: What is the balance after 1 year in an account containing $1000 that earns a yearly nominal interest…

A: This question can be solved using the concept of compound interest.

Q: 26. If $100 was invested for 50 years. (a) How much will you have at the end of 50 years if invested…

A: a). Given,

Q: If you need to have at least $50,000 in 10 years, what is the smallest amount you need to deposit in…

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: 13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A: Principal : 50,000 Interest amount : 10,000 Rate = 4%=0.04

Q: 5 How many years will it take to be able to accumulate P20,000 to P32,427.25 at 1.75% simple…

A:

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

A: As per the guidelines i had solved the first questions kindly post another questions separately.

Q: Calculate the amount of INTEREST earned in an account with initial investment of $25,000 in 10 years…

A:

Q: 12) When Angela was born, her grandparents deposited $5,000 into a college savings account paying 6%…

A: We can solve all the three question using the continuous compounding formula as below

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 long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

Q: Mr. Abdullah deposits OMR 5239 in a bank at an interest rate 4% compounded yearly. What is the…

A:

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: 12.) What is the rate on an investment that doubles $3171 in 14 years? Assume interest is compounded…

A: Let the rate of interest be r/ year.Since the interest compounded quarterly, the rate of interest…

Q: For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of $48,230,000.…

A: Given: For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of…

Q: 5. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A:

Q: If you invest $1,000 at 10% interest compounded every year. a)  How long will it be until your…

A:

Q: 4. Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years,…

A: Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years, compounded…

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

A:

Q: If the interest is compounded quarterly the borrower owes (1+a/4 )^4 at the end of year Where a is…

A: