Find the doubling time of a quantity that is increasing annually by 8% per year. Round your answer to two decimal places. The doubling time is roughly i years.

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: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given that: Amount A=$15500 Time, t=10 months, Rate of interest, r=2%

Q: Find the final amount of money in an account if $6,300 is deposited at 2.5% interest compounded…

A:

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: If you want to earn 7% annual simple interest on an investment, how much should you pay for a note…

A: Here in the problem given that              The annual Simple interest rate is r=7%  Rate of the…

Q: years

A:

Q: Find the final amount of money in an account if $5,500$5,500 is deposited at 7.5%7.5% interest…

A:

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

A: Compound interest.

Q: A radio commercial for a loan company states: "You only pay 33¢ a day for each $500 borrowed." If…

A:

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A: Givenr=4%  t=10/12 yearr=0.04 ,   I=16500

Q: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. What is its…

A: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. Its annual…

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

A:

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given: r = 3/100 =0.03 A= 17500 t = 10/12  Note : If the time is given in terms of months, then we…

Q: Find the final amount of money in an account if $700 is deposited at 2 % interest compounded…

A: Let's find final amount = ?

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: Find how much money needs to be deposited now into an account to obtain $3,900 (Future Value) in 7…

A: We have to find

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: A Joan of $15.000 is made at 7.75% interest, compounded annually. After how many years will the…

A: Formula for compounded annually -  A= P(1+r)t  Given-  A= $38000  P = $15000  r = 7.75%

Q: Rock Solid Bank & Trust is offering a CD that pays 5% compounded continuously. How much interest…

A: Initial amount = P= 1000 Interest rate = r =5%=0.05   time=t= 12 years Final amount = A =? Then we…

Q: A promissory note will pay $61000 at maturity 6 years from now. If you pay $38125 for the note, what…

A:

Q: Find the final amount of money in an account if $2, 100 is deposited at 2.5 % interest compounded…

A: We have to find the final amount.

Q: Jon plans to start a saving account. His plan is to deposit $58 each month into a money market…

A:

Q: Ask Your Teacher   If the rate of growth of a population continues at 3%, in how many years will…

A: Given that growth rate =3%= 0.03 So, growth factor = 1+0.03=1.03 Let, y= population after t years.…

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: Find the final amount of money in an account if $3, 800 is deposited at 8 % interest compounded…

A: Given: P = $3800  r = 8 % =8100=0.08 t = 6 years  compounded semi-annually  To calculate: Final…

Q: A loan of $43,000 is made at 8.25% interest, compounded annually. After how many years will the…

A: Compound Interest Formula: A = P·1+rnn·t where A = Accrued amount P = Principal amount r = rate of…

Q: Find the time it would take for the general level of prices in the economy to double at an average…

A: the doubling time is about 7 years.

Q: calculate the present value  A= $20,000 r= 6% t= 5 years

A:

Q: Find the final amount of money in an account if $8, 400 is deposited at 3 % interest compounded…

A:

Q: Garland Mills purchased a certain piece of machinery 4 years ago for $500,000. Its present resale…

A:

Q: A man invests $3000 in an account that pays 8.5% interest per year, compounded quarterly. (a) Find…

A: Consider the formula for compound interest: A=P1+rnnt Where, A=AmountP=Principal amountr=Rate of…

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given:

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A:

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Investment

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: Find the final amount of money in an account if $1, 900 is deposited at 3.5 % interest compounded…

A:

Q: A man invests $5000 in an account that pays 8.5% interest per year, compounded quarterly. (a) Find…

A:

Q: A man invests $3000 in an account that pays 6.5% interest per year, compounded quarterly. (a) Find…

A:

Q: How long will it take an investment of $2000 to double if the investment earns interest at the rate…

A:

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: Find the final amount of money in an account if $4, 700 is deposited at 2.5 % interest compounded…

A: solution:-

Q: Solve. Round each calculation to the nearest hundredth. You will need a scientific or graphing…

A:

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

A: Let the interest rate = r Given initial amount= P= 350  Time = t = 10 years  Final amount = A=…

Q: Find the interest rate for a $9500 deposit accumulating to $12,157, compounded annually for 8 years.…

A: The formula for compound interest is given by A=P1+rnnt where A is amount, P is principle, r is rate…

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given: Future value, A=$14,500 Annual simple interest, r=2% Time, t=10 months To find: Present…

Q: How much carbon-14 would you expect to find in a 11,460-year-old relic? (Round your answer to the…

A: Solution is given below

Q: You have answered 0 out of 3 parts correctly. You have 2 attempts remaining. If you need $30,000…

A:

Q: Find the final amount of money in an account if $1,600 is deposited at 4.5%interest compounded…

A: