demand for a company's product has increased from 100 units per day to 137 units per day. What was the average annual

Q: Suppose a bank account pays interest that is compounded 6 times per year. If initial deposit was…

A: Initial amount=P= 1500 Final amount= A= 6000 Time = 4 years  Interest rate = r= ? Number of times…

Q: An amount of $25,000 is deposited in a bank that pays interest rate of 4% year, compounded annually.…

A:

Q: A stock portfolio increased in value from $100,000 to $117,000 in 2 years. What rate of interest,…

A: To find: The rate of interest, compound continuously. Given: The stock portfolio increased from…

Q: Capitec bank announced that their saving account would pay a nominal interest rate of 11% p.a…

A: The effective interest rate for a period is the interest paid for the specific amount of time or…

Q: Over an 8 year period, Mark's investment rose from $12,000 to $27,500. Assuming continuous…

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Q: An investment grows by 23% over a 7-year period. What is its effective annual percent growth rate?

A: The formula to find the amount A is

Q: An Investment of $10,000 yields 8% interest compounded quarterly. What will be the accumulated…

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Q: Find the present value of amount. $7300 if interest is 5% compounded continuously for 3 years

A: Given, $7300 if interest is 5% compounded continuously for 3 years We use the formula A=Pert

Q: Adrian invested $790 in an account paying an interest rate of 6.9% compounded continuously. Assuming…

A: Principle amount, P=$790Future amount, A=$2550Interest rate, r=6.9%=0.069

Q: Suppose you invest $17,290 in an account that earns interest at an APR of 3.4%,compounded…

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Q: If you invest $20,000 at an annual rate of 1% compounded continuously, calculate the final amount…

A: Given, the interest is compounded continuously.

Q: A car washing machine is expected to generate $40,000 in revenue per year, for the next 5 years. If…

A:

Q: What annual rate of interest compounded annually is required to double an investment in 7 years?…

A: The formula to calculate compound interest is A = P ( 1 + r/n )t*n

Q: Write the equation for determining the effective interest of continuous compounding?

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Q: What is the initial value of an investment that has a value of $13,513.15 after 12 years at a 7%…

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Q: A sum of $10,000 is invested at an annual rate of 8%. Find the balance in the account after 5 years…

A: Given: P=10,000 and r=8%=0.08, t=5 years, n=4

Q: Determine the interest rate required for an investment of $1500 to be worth $1800 after 3 years if…

A: The formula for the amount when the interest is compounded quarterly is A=P1+r41004t.

Q: Complete the table for a savings account in which interest is compounded continuously. Initial…

A: The initial investment is $1000 and the annual rate is 12%. The interested is compounded annually.

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

A:

Q: Complete the table for a savings account in which interest is compounded continuously. Initial…

A: To Determine:  Complete the table for a savings account in which interest is compounded…

Q: Find the interest rate required for an investment of$5000 to grow to $7500 in 5 years if interest is…

A: Given the principle of investment (P) =$5000 , amount after 5 years (A)=$7500 and time duration…

Q: What interest rate, to the nearest tenth of a percent, is required for an investment subject to…

A: we have to use the formula for compound interest to find interest rate, to the nearest tenth of a…

Q: If $1000 is invested in an account earing 4% compounded monthly, how long will it take for the…

A: The compound interest formula in exponential form is

Q: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

A:

Q: An investment decreases by 50% over a period of 12 years. At what effective annual interest rate…

A: Given information An investment decreases by 50% over the period of 12 years Here t=12 years We have…

Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

A:

Q: A 40-year-old consulting engineer wants to set up a retirement fund to be used starting at age 65.…

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Q: what annual rate compounded continuously is equivalent to a nominal rate of 6% compounded…

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Q: You want to have $400,000 when you retire in 25 years. If you can earn 9% interest compounded…

A: Need to find how much money need to deposit into account to reach goal

Q: What is the interest rate compounded quarterly if ₱2,500,000 is invested and the amount became…

A: The formula for the amount is A = P1+rnnt, where r is the rate of the interest and n is the number…

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: A person wishes to invest $10,000 and wants the investment to grow to $20,000 over the next 10…

A:

Q: If the average yearly growth rate from 2000 to 2005 is 1.2%, estimate the percentage of college…

A: NOTE: Refresh your page if you can't see any equations. . as we can see from the graph, for the…

Q: no given value so i was thinking of doing 1000? =3p a little confused

A: Take the present value as P, so the future value will become 3P. A(t) = P[1+r/n]nt P= present value…

Q: Ipek places a continuous stream of $1, 000 per year into a savings account which has a continuously…

A: Amount invested $1000 interest rate 1.2% time is 30 years

Q: During a period from 2003 to 2010, gold prices doubled every 3 years. What was the yearly growth…

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Q: A house was valued at $190,000 in the year 1988. The value appreciated to $250,000 by the year 2003.…

A: House Price was 1,90,000 in year 1988. P=$1,19,000 The value appreciated to $250,000 by the year…

Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Use the formula for continuous compounding to solve:What interest rate, to the nearest percent, is…

A: A=P ertP is the initial amount or invested amountA is the amount after t years.

Q: A principal of 2450 Rials is invested at rate 5.25% compounded quarterly. After how many years the…

A: It is the principle is 2450 Rails. The rate of interest is 5.25% and is compounded quarterly. So,…

Q: A $50,000 GIC will earn $70,000 of interest over its 10-year term. What is the monthly compounded…

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Q: An initial investment of $5000 doubles in value in 6.3 years. Assuming continuous compounding, what…

A: Given Data, P = $5000 t = 6.3 years r = ?

Q: Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest…

A: For the following problem,

Q: Canary Company invested $92,400 into a fund for 5 years. What nominal interest rate compounded…

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Q: What will a $90,000 house cost 4 years from now if the price appreciation for homes over that period…

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Q: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

A: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

Q: Calculate the present value PV of an investment that will be worth $1,000 at the stated interest…

A: To calculate the present value of the investment Given that Time period, T = 13 years Interest…

Q: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years, there is…

A: