Determine how long it will take for an initial investment to double if it earns 7% interest per year compounded continuously.

Q: Suppose you deposit money in an investment account that pays 5% annual interest compounded…

A: r=5%=0.05 Let P be the invested money and let it be doubled in t years.

Q: Suppose that $8000 is invested at an interest rate of 5.2% per year, compounded continuously. What…

A: Principal= P= $8000 Interest rate = 5.2%= 0.052 Final amount = double of 8000=16000

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: Find the effective rate of interest. For 6% compounded continuously

A:

Q: Find the amount resulting in 12 years, if $25,000 is invested now at an interest rate of 4.25% p.a.…

A: Given that, P=25000, r=4.25%, t=12years

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

A:

Q: Assume that an investment is made at 7.1% per year, compounded continuously. What is the tripling…

A: The compound interest formula is defined as, A=P1+rnnt where: A: is final amountP: is principal…

Q: What rate of interest compounded annually is required todouble an investment in 6 years?

A: We know that, A=P1+rnnt         ...(1) Where A =  final amount. P = Initial principal balance r =…

Q: The doubling time of an investment with continuous compound interest is 12.7 years. If the…

A: Given:  Today's Investment=$20,000 Doubling Time=12.7 years Time=5 years To find: Worth of…

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

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Q: Jaidee invests $1,966 in a savings account with a fixed annual interest rate of 2.45% compounded…

A: The formula for continuous compound interest is given by A = Pert Where A is future value P is the…

Q: Find the accumulated amount after 3 years if $6000 is invested at 4%/year compounded continuously.…

A: Principal amount, P = $6000 Rate of interest per year, r = 4% = 0.04 Time, t = 3 years

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

A:

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

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Q: The doubling time of an investment with continuous compound interest is 12.6 years. If the…

A: It is given that, double time of the investment = 12.7 years.Principle amount is $24,000.The number…

Q: How long will it take an investment to double in value if a 5% continuously compounded interest rate…

A: Rate=5%

Q: find the present value of 4,000 to be received in 5 years, if money may be invested at 7.1% with…

A:

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: Suppose that you have $2500 to invest at 4% compounded continuously.  The accumulated amount after…

A: Given investment amount $2500 and rate of interest r=4%=4100=0.04. Compounded continuously. The main…

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: Find the time needed to double an investment at 8% annual interest rate compounded continuously.

A:

Q: If $2500 is invested at 3% compounded monthly, find the amount that results after a period of 2…

A: Given : Invested amount : $ 2500  Rate : 3 %  compounded monthly  Time : 2 years

Q: How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate…

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

Q: Determine how much time is required for an investment to triple in value if interest is earned at…

A: Let P be the principal amount, then the triple amount of P is 3P.

Q: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

A: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

Q: what is the compound interest if $ 43,000 is invested for 15 years at 8% compounded continuously

A:

Q: explain this.  How long will it take Dio who has an investment  of $200 at 4% interest compounded…

A: Given:

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

A:

Q: "Find the amount that results from each investment;$1000 invested at 11% compounded continuously…

A: Compounding can be done several times a year for example compounded quarterly the amount is…

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: 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: Suppose you invest R10000 over a period of 6 years. If money is compounded continuously, the annual…

A:

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: see attached

A:

Q: Mr. Reyes places 100,000Php in a time deposit which pays nine percent per annum compounded…

A: topic - exponential function

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: What initial investment at 8% compounded continuously for 5 years will accumulate to $50, 000?

A:

Q: Assume that there are no deposits or withdrawals. An initial investment of $4,000 earns 8.6%…

A: given that amount is compounded continuously.        compound interest formula is given by…

Q: Bella invested $8,400 in an account paying an interest rate of 1.9% compounded continuously.…

A:

Q: Calculate the amount of INTEREST earned in an account with initial investment of $25,000 in 10 years…

A:

Q: Find the accumulated amount after 5 years if $4500 is invested at 4%/year compounded continuously.

A:

Q: how long will it take to have a final balance of $100,000 if $1,000 is invested at 5% interest rate…

A:

Q: Find the time it takes for $7,800 to double when invested at an annual interest rate of 14%,…

A:

Q: Find the accumulated amount after 3 years if $4000 is invested at 3%/year compounded continuously.…

A:

Q: find the value of an investment of $10,000 in 12 years if it earns an annual rate of 3.95%…

A: We have to find the value of an investment of $10,000 in 12 years if it earns an annual rate of…

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: Find the time it takes for $5,800 to double when invested at an annual interest rate of 5%,…

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

Power Operation

Power operation is topic of algebra in Math. It is use to represent repeated multiplication. Very big number and very small number can be easily express using power operation. Power operation is useful in many fields. In space engineering, it helps in representing the distance or size of particular heavenly body. In medical field, it is used to represent very small size. In medical field it helps to mention size of bacteria or virus. 

Exponents

The exponent or power or index of a variable/number is the number of times that variable/number is multiplied by itself.