Find the principal needed now to get the given amount; that is, find the present value. To get $80 after 2, years at 5% compounded continuously The present value of $80 is $ (Round to the nearest cent as needed.)

Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

Q: How long (in years and months) will it take for an investment to double at 4% compounded monthly?…

A: The explanation has been given in the attached file.

Q: Find the principal needed now to get the given amount; that is, find the present value. To get $600…

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Q: If $3000 is borrowed at a rate of 4.75% interest per year, compounded quarterly, find the amount due…

A: Given; P=3000 r=4.75% n=4.

Q: If 10 thousand dollars is invested at an interest rate of 5 percent per year, find the value of the…

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Q: Find the time required for an investment of 5000 dollars to grow to 6800 dollars at an interest rate…

A: Let's find.

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A: If a principal of P dollars is borrowed for a periodof t years at a per annum interest rate r,…

Q: Find the principal needed now to get the given amount; that is, find the present value. To get $800…

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Q: Find the present value that will generate the future value of $1,000 at 6% compounded yearly for 7…

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Q: Find the interest rate needed for an investment of $6,000 to grow to an amount of $7,000 in 8 years…

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Q: if $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

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Q: Determine the value of the account if the initial investment is $500 compounded quarterly at a rate…

A: The future amount obtained when the interest is compounded n number of times for t years at the rate…

Q: Find the principal needed now to get the given amount; that is, find the present value. To get $300…

A: Given :   Final amount (A)= $300, Time (t) = 3 years, Interest rate (r) = 6% &  Compounded…

Q: If $20,000 is invested at an interest rate of 6% per year, compounded semiannually, find the value…

A: The principal is $20,000 and the rate is 6% per year, compounded semiannually. As the interest is…

Q: If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Topic- compound interest

Q: Find the effective rate of interest corresponding to a nominal rate of 12%/year compounded in the…

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Q: Find the effective rate of interest corresponding to a nominal rate of 9.3%/year compounded in the…

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Q: Mr. and Mrs. Perry hope to send their son to college in eleven years. How much money should they…

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Q: If $20,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value…

A: Given,

Q: Find the present value of $10,000 over a term of 6 years at an annual interest rate of 8% if…

A: Given

Q: Find the interest rate needed for an investment of $10,000 to grow to an amount of $13,000 in 6…

A: I have appended the formula used in the solution part of the question

Q: If $1300 is invested at an interest rate of 6.75% per year, compounded quarterly, find the value of…

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Q: Find the present value. Round to the nearest cent. To get $10,500 after 9 years at 7% compounded…

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Q: If 45700 dollars is invested at an interest rate of 10 percent per year, find the value of the…

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Q: Use the compound interest formula to determine how long it will take for a sum of money to double if…

A: Formula for compound interest:

Q: years

A: Compounded quarterly, i.e. 4 times every year,    Investment  =  $1400  Rate  =  3.75%  =  0.0375…

Q: If 10700 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: Since you have posted multiple questions, as per our policy we will answer first question. Please re…

Q: If $1200 is invested at an interest rate of 2.75% per year, compounded quarterly, find the value of…

A: Use formula to calculate

Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: r = 11% = 0.11 Compounded annually, i.e. n = 1 t = 5 To pay of debt, i.e. A = $30000

Q: Find the present value. Round to the nearest cent.   To get $5600 after 6 years at 10​% compounded…

A: to find the present value we use the formula  PV=FV1(1+r)n     (1) where PV is the present value  FV…

Q: Find the principal needed now to get the given amount, that is, find the present value.    To get…

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Q: If 41200 dollars is invested at an interest rate of 10 percent per year, find the value of the…

A: Consider the provided question, Invest 41,200 dollars at an interest rate of 10%. We have find the…

Q: Find the interest rate needed for an investment of $5,000 to grow to an amount of $7,500 in 10 years…

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Q: Find the required annual interest rate, to the nearest tenth of a percent, for $170 to grow to $593…

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Q: What present value amounts to $20,000 if it is invested for 15 years at 6% compounded…

A: Compound interest: Formula :  A=P1+rnnt where ; A is the amount . P is the principal or invested…

Q: What present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for 18…

A: Given that present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for…

Q: Find the balance of $1000 is interested at an annual interest rate of 10% per 2 years compounded on…

A: Express the compound interest formula. A=P1+rnnt Here, A is the amount, r is the interest rate, P is…

Q: What present value P amounts to $270,000 if it is invested at 8%, compounded semiannually, for 12…

A: Determine the present value of an investment that amounts to $270,000 in 12 years if compounded…

Q: Find the interest rate needed for an investment of $7,000 to grow to an amount of $9,000 in 9 years…

A: We use following equation to get the required interest rate: Here, A = Final amount         P =…

Q: What present value P amounts to $300,000 if it is invested at 8%, compounded semiannually, for 18…

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Q: Find the principal P that will generate the given future value A, where A = $15,000 at 6% compounded…

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Q: What present value P amounts to 290,000 if it is invested at 6% compounded semiannually for 12…

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Q: If $4000 is borrowed at a rate of 5.75% interest per year, compounded quarterly, find the amount due…

A: This question is related to compound interest, We will solve it using given information.

Q: Find the effective rate of interest corresponding to a nominal rate of 11%/year compounded in the…

A: Nominal rate = 11%/year

Q: Find the effecctive annual interest rate r of the given nominal annual interest rate. Round your…

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Q: Find the amount that results from the given investment. $500 invested at 4% compounded quarterly…

A: Formula used:Future value formula

Q: Find the principal needed now to get the given amount; that is, find the present Value. To get $5000…

A:

Q: Find the amount that results from the given investment. $600 invested at 8% compounded quarterly…

A: Formula used:The future value formula:

Q: Assume that there are no deposits or withdrawals. An initial deposit of $14,000 earns 8% interest,…

A: here we will find final amount in account after 6years with compound interest,