Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Elizabeth to end up with $670?

Q: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

A: For compounded continuously  A=Pertr = ln(AP)t   Here,  A=$600P=$270t=20

Q: Your plan is to invest now and cash in your investment in 30 years to have $200,000. How much would…

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Q: you invest $7,500 in an account paying 8.35% compounded continuously, how much money will be in the…

A:

Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A: Given

Q: To the nearest penny, how much would you have to invest right now in a fund paying 5% continuously…

A:

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: Justin wants to buy a bond that will mature to $6000 in eight years. How much should he pay for the…

A: topic - exponential function

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: Barbara knows that she will need to buy a new car in 4 years. The car will cost $15,000 by then. How…

A: Given that t=time=4 yearsr=interest rate=2%=0.02A=annuity=$15000n=number of times compounded in a…

Q: Dylan is going to invest in an account paying an interest rate of 4.1% compounded continuously. How…

A: topic - exponents

Q: how long will it take an investment of $300 to triple, if the interest rate is 9.5% per year…

A:

Q: If you borrow $4500 at 3.5% interest compounded continuously, and make no payments toward the loan,…

A:

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

A:

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: Melanie invested $9,800 in an account paying an interest rate of 4 1/2​% compounded quarterly.…

A: Follow the procedure given below.

Q: Joshua is going to invest $680 and leave it in an account for 19 years. Assuming to interest is…

A:

Q: In 19 years, Anthony Oaks is to receive $300,000 under the terms of a trust established by his…

A: It is given that, the time period is t=19 years,  Future Value (FV)=$300,000 rate of return…

Q: Amy wants to buy a bond that will mature to $5500 in eight years. How much should she pay for the…

A: Consider the following formula of compound interest compounded continuously: Pt=P0ert…

Q: A zero-coupon bond can be redeemed in 20 years for $10,000. How much should you be willing to pay…

A: Given: Total years=20……1Redeemed amount=$10,000……2

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 an investment has an interest rate of 3.75%, compare the amount of time it will take for the…

A:

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

A:

Q: Savannah is going to invest $220 and leave it in an account for 12 years. Assuming the interest is…

A: We have, Savannah is going to invest $220 and leave it in an account for 12 years and at the end,…

Q: Camden is going to invest $600 and leave it in an account for 12 years. Assuming the interest is…

A: Solve for the rate of interest

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

A:

Q: If $4000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest…

A: NOTE: Refresh your page if you can't see any equations. . here we have,  P=4000 r=7.5%=0.075 t=4…

Q: How long, to the nearest hundredth of a year, would it take an initial principal P to triple if it…

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Q: Sarah is going to invest $280 and leave it in an account for 9 years. Assuming the interest is…

A:

Q: If P5,000 is invested now at an interest rate of 9% compounded continuously, how much would be at…

A: As per our guidelines, we are allowed to answer first question only. Thanks   Amount to be invested…

Q: Suppose you have $3000 to invest. Which investment yields the greater return over 10 years: 6.5%…

A: Let's consider the given scenarios:                          When the interest is compounded…

Q: Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is…

A:

Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

Q: At what nominal rate compounded quarterly would $20,000 have to be invested to amount to $26,425.82…

A:

Q: If 3000 dollars is invested in a bank account at an interest rate of 4 per cent per year, compounded…

A:

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: Brayden now has $2,500 in her CD, which has compounded continuously over a period of 12 years. She…

A: Given: Principle amount: (P)=$1,800  Amount after 12 years A=$2,500 Rate of interest=? The formula…

Q: Barbara knows that she will need to buy a new car in 6 years. The car will cost​ $15,000 by then.…

A:

Q: Carter is going to invest $79,000 and leave it in an account for 12 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: Mariah is investing $40,000 in a bond that pays 2.3% interest compounded continuously. How much will…

A:

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: Alexandra is going to invest $12,000 and leave it in an account for 10 years. Assuming the interest…

A: According to question Alexandra intial amount $12000 After 10 years amount will be $19000

Q: Adrian is going to invest $9,900 and leave it in an account for 10 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

A: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

Q: A recent college graduate decides to open a credit card in order to pay for their upcoming trip…

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Q: d. If the same account and interest were compounded continuously, how much money would the account…

A:

Q: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

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

A:

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: Joshua is going to invest $490 and leave it in an account for 5 years. Assuming the interest is…

A: Solution:-