$4000 are invested in a bank account at an interest rate of 4 percent per year. Find the amount in the bank after 13 years if interest is compounded annually. Find the amount in the bank after 13 years if interest is compounded quaterly. Find the amount in the bank after 13 years if interest is compounded monthly.

Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: Given:              $500 for 7 years at 6%

Q: Find the interest rate to the nearest hundredth of a percent that will produce $2500, if $1500 is…

A: According to the question, we have Accrued amount, A = $2500 Principal, P = $1500 Compounding per…

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Q: If 4000 dollars is invested in a bank account at an interest rate of 9 per cent per year, Find the…

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Q: A woman invests 5900$ into an account that pays 6% interest per year, compounded continuoulsy what…

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Q: If the compounding period CP and the time period t are the same, then compounding frequency equals =

A: If compounding period is equal to the time period then interest is calculated on one time.

Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: Explanation: Given that,  P=$1000t=10yearsr=5%=0.05     Formula used: A=Pert

Q: Find out how long it takes a $2,800 investment to double if it is invested at 9% compounded…

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Q: You deposit $6000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: You deposit $5000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: By how much will the Pound depreciate in period 0? State your answer in the same units as e and to 2…

A: Given Data Money demand in UK MD/P=e(-0.5*i) *Y MS=M I=i_{US}+e^e-e M = 1100 Y = 1956 P = 1…

Q: A wooden artifact from an ancient tomb contains 60 percent of the carbon-14 that is present in…

A: Please refer to the image below

Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: Find the interest rate to the nearest hundredth of a percent that will produce $2000, if $1500 is…

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Q: A person invest 9000 dollars in the bank.The bank pays 5% interest compounded semi-annually.To the…

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Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: A car is purchased at $36,000 and its value depreciates at a constant rate of 15.5 % each year. Find…

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Q: Solve the problem. 59) Find out how long it takes a $2800 investment to double if it is invested at…

A: It is given that, the principle amount is doubled at a rate of 9% compounded quarterly.Thus, A = 2P…

Q: Katrina started an account with all the money she received as graduation gifts. The account had an…

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Q: A principal of $4700 is invested at 6.25% interest, compounded annually. How many years will it take…

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Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: The principal amount (P)=$7500. Time period(t)=10 years Rate of interest(r)=6.5%=6.5100=0.065

Q: If 6000 dollars is invested in a bank account at an interest rate of 10 percent per year, Find the…

A: The compound interest formula A=P1 + rnnt Where, A = Amount after compounding period P = Principal…

Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: Given that: Principal, P=$400 Rate of interest, r=7% Time, t=5yr.

Q: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

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Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

A: Given: Deposit =$4000 Interest =2% Period = 5

Q: nd the compound amount for the depost and the amount of interest earned. $7000 at 4.7% compounded…

A: Compound Interest: The compound interest formula is used to calculate compound interest, sometimes…

Q: The half-life of radium is 1690 years. If 80 grams are present now, how much will be present in 360…

A: Given query is to find the amount remaining after 360 years.

Q: Find an accumulated value of an investment of $7000 for 5 years at an interest rate of 4% if the…

A: To calculate an accumulated value of an investment of $7000 for 5 years at an interest rate of 4%.P…

Q: You deposit $6000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: If 4000 dollars is invested in a bank account at an interest rate of 4 per cent per year, Find the…

A: according to bartleby guideline ,I can solve first three subparts...

Q: $500 at 5% compound continusouly for 11 years. Round to the nearest cent

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Q: Maria's parents invested $14,000 at 6% per year compounded monthly. How much money will there be in…

A: Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other…

Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: Principle amount P=$15,000rate of interest, r=5.75%time, t=10 years

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

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Q: Find the time required for an investment of 5000 dollars to grow to 6200 dollars at an interest rate…

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Q: alculate the amount of interest earned on a $12,500 investment made for 3 years at 5% p.a.. und to…

A: Given that the invested money is $12500 and for 3 years and rate of interest: 5.5% per annum. Find…

Q: Student A is 35yrs old now. 3 yrs ago, student A  was 4 times as old as Student B. how old is…

A: Given, student A is 35yrs old and 3 yrs ago, student A  was 4 times as old as student B To find the…

Q: You deposit $4000 in an account earning 3% interest compounded continuously. How much will you have…

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Q: To find the amount A in an account after t years with principal P and an annual interest rate r (in…

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Q: Find the periodic rate of interest if $5000 grows into $6580 in 6 years when interest is compounded…

A: We are given: Initial amount (P) = $5000 Accumulated amount (A) = $6580 Time (t) = 6 years. Number…

Q: Find the balance if $24000 is invested in an account paying 6% interest compounded continuously for…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: If 3000 dollars is invested in a bank account at an interest rate of 9 per cent per year, Find the…

A: Given data:  P=$3000, r=9%=0.09 ,t=8 We find final amount (A) in each given 3 cases.

Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: The half-life of radium is 1690 years. If 80 grams are present now, how much will be present in 240…

A:

Q: Find the interest rate to the nearest hundredth of a percent that will produce $2000, if $1500 is…

A: Given : where, A = $2000 P = $1500 n = 4 t = 4.5 years

Q: Find the final amount of money in an account if $5,600 is deposited at 8% interest compounded…

A: We have use the compound interest formula to find the final amount. I have indicated the compound…

Q: compounded

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