4.52 What effective interest rate per month, compounded continuously, would be required for a single deposit to triple in value in 5 years?

Q: How much money must be deposited today to become $2200 in 30 years at 4.5% compounded continuously?…

A:

Q: Compute the compound interest. 7) How long will it take for $600 to grow to $26,600 at an interest…

A: for the continuous compound, the formula is  A=Pert A=26600 P=600 r=6.2%=0.062

Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A: Given

Q: An initial amount of $1800 is invested in an account at an interest rate of 3.5% per year,…

A: The formula for finding the amount with interest after t years, if compounded continuously is given…

Q: How much money needs to be deposited now into an account to obtain $3,300 in 14 years if the…

A:

Q: 38. What rate of interest compounded continuously will yield an effective interest rate of 6%?

A: We know that, if an amount P is invested at rate r for time t, compounded continuously yields amount…

Q: Determine the effective annual yield for $1 invested for 1 year at 7.6% compounded semiannually The…

A: Given investment is $1 Time is 1 year Interest rate is 7.6% compounded semi annually. So number of…

Q: 8. How much money must you invest now at 3.5% interest compounded continuously in order to have…

A: Given,  Compound amount=  $ 20000 Time period = 10 years Rate = 3.5%

Q: How large a deposit, at 5% interest compounded continuously, must be made to obtain a balance of…

A:

Q: Suppose that $10,000 is invested and the account grows to $13,566.25 in 5 yr. a. Use the model A =…

A: The future value A and present value P for the time t years with continuous compounding rate is…

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: An investor deposits $5,000 into an account that pays 4% compounded continuously, and then deposits…

A:

Q: If $3,000 is invested at 10% compounded continuously, what is the balance after 9 years? $7,378.79…

A:

Q: How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously?

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

Q: Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr. a. Use…

A: Given:Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr.

Q: al Intal 5. What is the annual percentage yield for money invested at an annual fate UI 0.0820…

A:

Q: Find the accumulated present value of an investment over a 7 year period if there is a continuous…

A: SOLUTION-

Q: How much money must be deposited today to become $2500 in 30 years at 6.5% compounded continuously?…

A:

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: Suppose income from an endowment is generated at the annual rate of $42,000 per year. Find the…

A: Given: The annual rate of $42,000 per year, an interest rate of 7.5% compounded continuously. Find:…

Q: What size deposit must be made into an account earning 4.3% interest, compounded continuously, to be…

A: Formula for compound interest compounded continuously given by as P(t) = P0 ert Where P(t) = amount…

Q: Which Investment would be worth more after 20 years?  An initial investment $3000 compounded annualy…

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%…

A:

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

A:

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

A:

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: Find the accumulated present value of an investment over a 8 year period if there is a continuous…

A: We have to find the accumulated present value of an investment.

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

A:

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: How much money must be deposited today to become $2400 in 30 years at 5.5% compounded continuously?…

A:

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

A: Given that  Initial amount of investment =$5000 Interest rate = 7% = 7/100 = 0.07 Time (t) = 10…

Q: 11) Suppose that $4000 is invested at an interest rate of 5.8% per year, compounded continuously.…

A: We can find the answer for question-11 as below.

Q: Find the accumulated present value of an investment over a 7 year period if there is a continuous…

A: Given, R(t) = 5000 T    = 10 years K    = 2%

Q: 4. Mr. Roberts invests $10,000 in an account that pays 3.75% interest compounded continuously.…

A:

Q: An initial amount of $3700 is invested in an account at an interest rate of 6.5% per year,…

A: Given :Initial Amount = P=$3700Interest rate = 6.5% per year=6.5100=0.065Time = 2years

Q: How much money needs to be deposited now into an account to obtain $1,700 in 5 years if the interest…

A: Total amount of money at the end of nth  year is given by,                               A = P 1 +…

Q: practice question 18

A: P0= Initial amount = 2700r= interest rate = 6.8% =0.068t= time = ?P(t)= Final amount = 2700 times 2=…

Q: If $6,000 is invested at 3% compounded continuously, what is the amount after 7 years? The amount…

A:

Q: If P5,000 is invested now at an interest rate of 9% compounded continuously, how much would be at…

A: As per our guidelines, we are allowed to answer first question only. Thanks   Amount to be invested…

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 $175,000 is invested at a rate of 8%per year compounded continuously, find value of the…

A:

Q: 2. If $2000 is invested at 6% interest, find the amounts due to the nearest cent at the end of 4…

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Q: How much money must be invested now at 10% interest compounded continuously so that $120, 000 will…

A:

Q: Suppose that $12,000 is invested in a bond fund and the account grows to $14,309.26 in 4 yr.   a.…

A: (a) From the given information, it is observed that A = $14,309.26, P = $12,000 and t = 4.Compute…

Q: An initial amount of $1800 is invested in an account at an interest rate of 7% per year, compounded…

A:

Q: An initial amount of $2900 is invested in an account at an interest rate of 7.5% per year,…

A: Given Amount invested $2900 Rate of interest 7.5% per year Time taken 7 years

Q: 3. What will happen to Joshua's money if his money will be 6.33% compounded continuously for 17.36…

A: according to our guidelines we can answer only three subparts, or first question and rest can be…

Q: An initial amount of $2200 is invested in an account at an interest rate of 5.5% per year,…

A: This question is related to Compound Interest, we will solve it using given information.

Q: 6. You deposit $1600 into an account that pays 2.5% interest compounded continuously. When does the…

A: This question is related to compound interest.

Q: What is the value of a $500 investment which earns continuous compound interest of 1% annually for…

A: