An investment offers 5% interest compounded continuously. What is the amount of interest earned in one year if a person deposits P5,000.00 to this account?

Q: What is the value of a $200 investment which earns continuous compound interest of 2.5% annually for…

A: It is given that the initial principal balance is $200 and the rate of interest of 2.5% annually.…

Q: What is the compound interest if $490 is invested for 12 years at 10% compounded continuously?

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Q: An investment of $41,800 earns 5.1% annual interest, compounded continuously. If no funds are added…

A: The principal amount = P = $41800 Rate = r = 5.1% compounded continuously Time = t = 20 years

Q: Suppose that you have $10,000 to invest. Which investment yields the greatest return over 5 years 5%…

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Q: Assume that there are no deposits or withdrawals. An initial investment of $4,000 earns 7% interest,…

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Q: How long will it take for an investment to triple, if interest is compounded continuously at 7%?…

A: We can find the answer as below.

Q: If you need $20,000 in your bank account in 6 years, how much must be deposited now? The interest…

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Q: An investment of $82,200 earns 3.3% annual interest, compounded continuously. If no funds are added…

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Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

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Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

Q: If $2500 is invested at an interest rate of 4.5% per year, compounded continuously, find the value…

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Q: How much money must be deposited today to become $1800 in 50 years at 7.5% compounded continuously?

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Q: A depositor places $10,000 in a certificate of deposit which pays 6% interest per annum, compounded…

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Q: You deposit $2000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: A zero-coupon bond can be redeemed in 20 years for $10,000. How much should you be willing to pay…

A: Given: Total years=20……1Redeemed amount=$10,000……2

Q: An investment of $89,800.00 earns 12% annual interest, compounded continuously. If no funds are…

A: We will compute the future value as following.

Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

A: According to the question, we have to find the total amount after 3 years , If $20,000 is invested…

Q: A person wants to have $30,000 in an investment account to buy a new car in 4 years. How much should…

A: Topic - compound Interest

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

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Q: What is the compound interest if $460 is invested for 14 years at 6% compounded continuously? (Round…

A: Let the final amount= A Given that principal amount = P= 460 Time=t=14 years interest = r= 6%=0.06

Q: if $3,500 is invested at an interest rate of 2.75% per year, compounded continuously, find the value…

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Q: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

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

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Q: If $12,000 is deposited in an account paying 8% interest per year, compounded continuously, how long…

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Q: An investment of $23,400.00 earns 11% annual interest, compounded continuously. If no funds are…

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Q: Find the value of $30,000 invested for 4years at 15.3% interest if the compounding is done…

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Q: Find the balance in an account when $400 is deposited for 11 years at an interest rate of 2%…

A: A=P ertP is the amount deposited.r is the interest rate.t is the time period

Q: find the present value of $100,000 if interest is paid at a rate of 8% per year, compounded…

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

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Q: How many years are required for an investment to double in value if it is appreciating at the rate…

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Q: Which of the given interest rates and compounding periods would provide the better investment?(a) 5%…

A: r=5%=0.05, n=2 a). By using compound interest formula, we have A=P1+rnn·t=P1+0.0522t=P1.0252t

Q: How much money would be in an account if $2, 000 is deposited at 6 % interest compounded…

A: *concept:- compound interest formula.

Q: A university alumni group wants to provide an annual scholarship to current students. If the…

A: Given: A university alumni group wants to provide an annual scholarship to current students. The…

Q: Assume that there are no deposits or withdrawals. An initial investment of $2,000 earns 7% interest,…

A: The formula for continuous compound interest is given as A=Pert, where, A= Amount at time t P=…

Q: If $2000 is invested at an interest rate of 3.5% per year, compounded continuously, find the value…

A: Given: If $2000 is invested at an interest rate of 3.5% per year, compounded continuously. To Find:…

Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

Q: If $20,000 is invested at a rate of 5% per year compounded continuously, find the value of the…

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Q: An investment offers 5% interest compounded continuously. What is the amount of interest earned in 1…

A: Solved the give problem using concept of formula of Compound Interest ( C.I. )

Q: Mariah is investing $40,000 in a bond that pays 2.3% interest compounded continuously. How much will…

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Q: An investment of 50,000 php was made in bank that offers 0.5% interest compounded continuously.…

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Q: a Credit How much should be invested now at an interest rate of 3% per year, compounded…

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Q: If ​$7000 is invested at 5​% compounded​ continuously, what is the amount after 7 ​years? round…

A: Given, Initial amount=$7000 Rate of interest=5%=0.05 Period=7years

Q: If you invest $8,600 in an account paying 8.4% annual interest rate, compounded continuously, how…

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Q: d. If the same account and interest were compounded continuously, how much money would the account…

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Q: How long will it take for an investment to triple, if interest is compounded continuously at 6%? It…

A: Given

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

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Q: The interest on a bank savings account is compounded continuously, with an annual interest rate of…

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Q: Find the present value of $51,714.38 due in 8 years at an interest rate of 6%/year compounded…

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Q: balance

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