David invested $220 in an account paying an interest rate of 1.7% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 10 years?

Q: Aaliyah invested $350 in an account paying an interest rate of 4% compounded continuously. Assuming…

A: Solving the problem by finding the value after 20 years.

Q: how long will it take for the amount in the account to reach $12,000?

A:

Q: How long will it take an investment of $4000 to grow to $10000 if it is invested in an account that…

A: Topic = Algebra   A=P1+rnntA=Final amountP=Principalr=rate of interestn=1 for anuallyt=time

Q: Avery invested $21,000 in an account paying an interest rate of 3.3% compounded continuously.…

A: GIVEN Principal , P = $21000\ Amount , A = 29200 Rate , r = 3.3% = 0.033 For continuously…

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

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Q: Find the time required for an investment of 4,000 dollars to grow to 10,000 dollars at an interest…

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Q: how long will it take $15,000 to grow to $18,000 if the investment earns interest at the rate of…

A:

Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: To find the amount owe in 5 years if compounding continuously :

Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 24…

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Q: An investor bought stock for ​$20,000. Five years​ later, the stock was sold for ​$40,000. If…

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Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

Q: Taylor invested $11,000 in an account paying an interest rate of 3.5% compounded continuously.…

A: We will find out the required value.

Q: One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on…

A:

Q: Shemp has inherited $50,000 from a recently deceased long-lost aunt. He invests his newfound money…

A:

Q: Jocelyn invested $56,000 in an account paying an interest rate compounded continuously. Oliver…

A: JocelynA=P1+R12002Twhere A=amount, P=principal amount, R=rate of intereset and T=time…

Q: Suppose that $1000 is invested at a 10% interest rate compounded quarterly. b) How many years will…

A: Solution:Giveninvestmentment Amount=$1000     r=0.01To find (a) What will investment be worth after…

Q: What rate of interest compounded annually is required to triple an investment in 10 years

A: Compound interest formula: A=P 1+rnnt. Given that rate of interest compounded annually is required…

Q: How long will it take for a deposit of $3000 to grow into $10,000 at 8.4% compounded yearly

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Q: Suppose you deposit $1000 in an account that earns 6.2 % compounded monthly. a. How much money will…

A: To calculate the total amount compounded monthly, substitute 1000 for P, 6.2% for r, 12 for n and 5…

Q: If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will…

A:

Q: A building was bought for $150,000 and sold 10 years later for $400,000. What interest rate…

A: given: A building was bought for $150,000 and sold 10 years later for $400,000. we have to determine…

Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: Joseph invested $16,000 in an account paying an interest rate of 5.7% compounded continuously.…

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Q: Say you have invested $20000 at a yearly interest rate of 19.5% compounded monthly. How many years…

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Q: How long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per…

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Q: How much money should be invested in an account that earns 6% interest,  compounded monthly, in…

A: Formula to be used

Q: Find the interest rate needed for an investment of $3,000 to grow to an amount of $4,000 in 9 years…

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Q: An investment has grown from $15,000 to $17,684.23 in 3 years, compounding monthly. What was the…

A: We have to calculate interest rate

Q: Michael invested $50,500 in an account with an interest rate of 4.5% that was compounded annually.…

A: The amount for the compound interest is given by the formula as follows A=P1+rnnt where P is the…

Q: Nathan invested $80,000 in an account paying an interest rate of 6% compounded continuously.…

A: The formula for the amount if the interest is compounded continuously is  P = P0ert where Pis the…

Q: How long will it take $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

A:

Q: Suppose $9500 is invested at 6% interest, compounded annually.  Approximately how long will it take…

A: Given Principal =$9500  rate =6% compounded annually Amount = $12,000

Q: An investment of $2000 grows at a rate of 3% per year, compounded quarterly. How long will it take…

A: topic - compound interest

Q: How much was invested into Ed's account that was continuously compounded at 3.9% interest for 15…

A: Compound Interest :  When the interest charged after a certain specified time period is added to…

Q: How much is in an account after 10 years if $1000 is invested at an interest rate of 2.4%/year…

A: (a)Given:

Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: Tyler invested $350 in an account paying an interest rate of 4.5% compounded continuously. Assuming…

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Q: How much will you need to put away to get 1500 after 13 years at 9% compounded monthly?

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Q: If $200 is invested at 6% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount…

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Q: if 25,000 is invested at 12%, How much will it be worth after 5 years if it is compounded annually?

A: Remember that, Compound interest (or compounding interest) is the interest on a loan or deposit…

Q: Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 4 years:…

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Q: Aaron invested $7,500 in an account paying an interest rate of 1.5% compounded continuously.…

A: Continuous compounding formula: - When it is specifically stated in a problem that the amount is…

Q: In going through some old belongings of his ancestors, Mr. Rakib found papers indicating that they…

A: Amount invested in year 1720 is:  P = $22 Interest Rate:  r = 4.5%

Q: How long (in years and months) will it take for an investment to double at 3% compounded monthly?

A: If you like the solution then please give it a thumbs up.. The Answer is:     Result = 23.45  It…

Q: How long will it take $2,000 to grow to $24,000 if it is invested at 5% compounded monthly? years…

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Q: Lucy invested $30,000 in an account paying an interest rate of 6.6% compounded continuously.…

A: given that principle amount invested is p=$30000rule of interest, r=6.6%=0.066time period, t=9 years

Q: Ben franklin bequeathed $4000.00 to the city of Boston in 1790. Assuming the fund grew to $15…

A: