Find the time required for an investment of 5000 dollars to grow to 7500 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is t 3= years. Submit Ouestion

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A: Initial amount = P  Interest rate = r=9%=0.09 n= number of times compounded in a year= 12 Final…

Q: f you invest $9,000 in an account that earns an APR of 3% simple interest, what will be the account…

A: for simple interest  P = $ 9000 r = 3% = 0.03 t = 10 years

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A: A=P[1+(r/n)](nt) where, A = amount at the end ($1500) P = Principal amount ($1300) r = rate or…

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Q: Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate…

A: A = $7900 P = $5000 r = 7.5% p.a. = 0.075 p.a. A = P(1+r)t

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A: Introduction: Compound interest is interest that is compounded at regular intervals on both…

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Q: What is the APY for money invested at each​ rate? ​(A) 66​%compounded quarterly ​(B) 44​%compounded…

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Q: Find the time required for an investment of $3000 to grow to $5000 at an interest rate of 7.5% per…

A: According to the given information:Principal (P) = $3000Amount (A) = $5000Rate of interest = 7.5%…

Q: Find the time required for an investment of 5000 dollars to grow to 6600 dollars at an interest rate…

A: An investment of 5000 dollars to grow 6600 dollars at an interest rate of 7.5 percent per…

Q: Lea invests $8,333 in a savings account with a fixed annual interest rate of 8%. What will the…

A: According to questionInitial balance (p) = $8,333Interest rate (r) = 8%Time (t) = 12 yearIt is given…

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Q: Find the amount that results from the given investment. $700 invested at 3% compounded quarterly…

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Q: f 2000 dollars is invested in a bankaccount at an interest rate of 6 per cent per year, compounded…

A: 2000 dollars is invested in a bankaccount at an interest rate of 6 per cent per year, compounded…

Q: Find the time required for an investment of 5000 dollars to grow to 7300 dollars at an interest rate…

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Q: $15,000 is invested for 15 years with an APR of 4.2% and monthly compounding.

A: We have to solve the given problem by using compound interest formula.

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Q: Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 7.5% per…

A: A=P1+rnntFor compounded quarterly, n=4

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Q: Find the time required for an investment of 5000 dollars to grow to 7000 dollars at an interest rate…

A: We will solve the following.

Q: Find the amount that results from each investment. $50 invested at 6% compounded monthly after a…

A: We have to find the amount when $50 invested at 6% compounded monthly after a period of 3 years.

Q: Nancy wants to invest $2000 in saving certificates that bear an interest rate of 9.75% per year,…

A: Refer  to the question we have to find the time period when investment of $2000 at the rate of 9.75%…

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A: Given query is to find the amount after 3 years.

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A:

Q: Find the interest earned for $2,300 which is invested at 14% compounded daily for 42 months? (Round…

A: Given query is to find interest earned.

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A: An investment of $5000 to grow to $6300 at an interest rate of 7.5 % per year, compounded quarterly…

Q: Find the time required for an investment of 5000 dollars to grow to 6000 dollars at an interest rate…

A: Solution:- calculate the time?

Q: Mr. Johnson invested R25 000 at a rate of 9,95% p.a. compounded quarterly. How long will it take for…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Find the amount that results from each investment. $700 invested at 6% compounded daily after a…

A: Given: Find the amount that results from each investment.$700 invested at 6% compounded daily after…

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A: Initial investment (D) = $5000 Total amount (A)=$6300 Rate of interest ® =7.5% =75/100 =0.075 Since…

Q: Find the annual percentage yield for an investment that earns 2.5% each year, compounded daily.…

A: Consider the following: The rate of interest per year,r = 2.5%…

Q: Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate…

A: accumulated amount A=7900, amount invested P=5000, rate of interest r =7.5%=0.075, compounded…

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

A: Formula used:The future value formula:

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.