At what nominal rate compounded continuously must money be invested to double in 6 years? A rate of % is required for money to double in 6 years. (Do not round until the final answer. Then round to the nearest tenth.) ON Type here to search

Q: How much money needs to be deposited now into an account to obtain $7,100 in 6 years if the interest…

A: TO find money needs to be deposited into the account to obtain the future value of $7100 in 6 years…

Q: Assume that there are no deposits or withdrawals An initial investment of $6,000 earns 8.7%…

A:

Q: An amount of $12,000 is deposited into an account with annual interest rate of 3.5 % compounded…

A: Principal amount = P = 12000 Interest = r= 3.5% = 0.035 Final amount = A= 12000(2)= 24000 time=t=?

Q: Suppose that a savings account attracts an interest rate of 1.6% per annum. How much would need to…

A:

Q: Consider an investment where $47,000 is invested for 15 years at 6% compounded continuously. How…

A:

Q: Consider an investment where $46,000 is invested for 10 years at 8% compounded continuously. How…

A:

Q: A bank offers 12% compounded continuously. How soon will a deposit do the following? (Round your…

A:

Q: Consider an investment where $47,000 is invested for 15 years at 6% compounded continuously. How…

A:

Q: At what nominal rate compounded continuously must money be invested to triple in 7 years? ..... A…

A:

Q: A bank offers 4% compounded continuously. How soon will a deposit do the following? (Round your…

A: We know A= Pxert where, A = compounded amount t= time period in yrs P = amount deposited = principal…

Q: A population of bears increased by 50% in 4 years. If the situation is modeled by an annual growth…

A: The annual rate according to the exponential growth function.

Q: Find the amount of time to the nearest tenth of a year that it would take for $20 to grow to $40 at…

A: Formulate the formula for calculation of time for different rates. A=PertAP=ertert=APln…

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

A:

Q: A deposit of $6,000 is made in a trust fund that pays 5.5% interest, compounded continuously. It is…

A: Given: A deposit of $6000 is made in a trust fund that pays 5.5% interest, compounded continuously.

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

A:

Q: An interest rate of 12 % per year compounded continuously is the same as nominal 1% per month…

A: Given- An interest rate of 12% per year compounded continuously is the same as nominal 1% per month…

Q: If $4000 is invested at an interest rate of 6.25% per year, compounded continuously, find the value…

A: Given: If $4000 is invested at an interest rate of 6.25% per year, compounded continuously The…

Q: At what interest rate compounded continuously must money be invested to triple in 5 years? A rate of…

A:

Q: If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value…

A:

Q: A government bond is offered that pays 2% annually to the holder indefinitely. If the income…

A:

Q: Suppose that you invest $3,000 at 4% interest compounded continuously. How much money will be in…

A: The principal amount is, P = $3000 The rate of interest, r = 4% = 0.04 Time, t = 9 years To…

Q: nd the interest rate needed for an investment of $6,000 to grow to $10,000 in 4 years if interest is…

A:

Q: Complete the table below giving the amount P that must be invested at interest rate 12 % compounded…

A: The given details are Compound Amount, C.A=$1,80,000 Rate of interest ,i=12%=0.12 Principal Amount,…

Q: Suppose an investment of $29,000 is invested at an annual rate of 6.9%, compounded continuously.…

A:

Q: A bank offers 8% compounded continuously. How soon will a deposit do the following? (Round your…

A:

Q: How much money needs to be deposited now into an account to obtain $6,100 in 12 years if the…

A:

Q: How much money needs to be invested now to obtain $2000 in 3 years if the interest rate in a savings…

A:

Q: An initial deposit of $25,000 earns 1.25% interested and is left in the account for 15 years. How…

A:

Q: A bank offers 10% compounded continuously. How soon will a deposit do the following? (Round your…

A: Given: r = 10% compounded continuoslyt = time in yearsLet say, P    =  Principal amountAt=…

Q: A bank offers 10% compounded continuously. How soon will a deposit do the following? (Round your…

A:

Q: Charlie wants to buy a bond that will mature to $5000 in seven years. How much should he pay for the…

A: The maturity amount, A = $5000 The rate of interest, r = 2% = 0.02 Time, t = 7 years To evaluate:…

Q: What is the compound interest if $46,000 is invested for 15 years at 8% compounded continuously?…

A: The invested amount is $46000 for 15 years at 8% compounded annually.

Q: How much should be invested now at an interest rate of 5.5% per year, compounded continuously, to…

A: This question is based on formula of continuous compounding.

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

A:

Q: What parameter is this question asking for? What deposit made at the end of each month will…

A: Given data: Future value FV =$10000, number of periods n=5*12 =60 Periodic rate of interest r = 4%…

Q: Suppose an investment of $24,000 is invested at an annual rate of 3.8%, compounded continuously.…

A:

Q: Suppose an investment of $29,000 is invested at an annual rate of 5.5%, compounded continuously.…

A: Given: The investment is $29,000. The annual rate is 5.5%, compounded continuously. The objective is…

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

A:

Q: An account contains $2,000 and has been earning 9% interest, compounded continuously. How much will…

A:

Q: An employee wants to invest $60,000 in a pension plan. One investment offers 4% compounded…

A: given(1st plan)P=$60000, R=4%,n=6yearsfor compounded quaterlyA=P(1+R4x100)4n A=60000(1+44x100)4x6…

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: f $150, 000 is invested at a rate of 3.25% per year compounded continuously, find value of the…

A: If $150,000 is invested at a rate of 3.25% per year compounded continuously So here use compounded…

Q: How much money needs to be deposited now into an account to obtain $3,900 in 5 years if the interest…

A:

Q: If P dollars is deposited in a savings account that pays interest at a rate of r% per year…

A:

Q: Complete the table below giving the amount P that must be invested at interest rate 8.5 % compounded…

A: Given  A=$130000 interest rate = 8.5% compounded continuously

Q: At what interest rate compounded continuously must money be invested to triple in 4 years? A rate of…

A:

Q: Consider an investment where $47,000 is invested for 5 years at 8% compounded continuously.  How…

A:

Q: A bank offers 4% compounded continuously. How soon will a deposit do the following? (Round your…

A: Find the years

Q: Consider an investment where $43,000 is invested for 15 years at 6% compounded continuously. How…

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