Find the time required for an investment of 5000 dollars to grow to 8300 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is t years.

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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

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Q: Find the time required for an investment of 5000 dollars to grow to 6100 dollars at an interest rate…

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Q: Find the interest rate required for an investment of $3000 to grow to $4000 in 6 years if the…

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Q: Find the time required for an investment of 5000 dollars to grow to 6700 dollars at an interest rate…

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Q: compounded quarterly.

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Q: Inez wants to have $19,750 in 4 years. Use the present value formula to calculate how much Inez…

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Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

Q: Jocelyn invested $56,000 in an account paying an interest rate compounded continuously. Oliver…

A: JocelynA=P1+R12002Twhere A=amount, P=principal amount, R=rate of intereset and T=time…

Q: $1000 is invested at 6% compounded yearly. According to the rule of 72, how many years will it take…

A: We can find the required time period as below.

Q: Find the amount that results from each investment. $600 invested at 5% compounded daily after a…

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Q: 2. How many years will it take for an investment to double in value if it earns 5% compounded…

A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

Q: $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

A: The complete solutions are given below

Q: Find the effective yield of an investment that earns 7.65% compounded daily. round to the nearest…

A: Compounded daily ie m=365. Rate 7.65%. Find effective annual rate.

Q: ecide at what rate compounded monthly will 800 become 4200 for 1

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

Q: Find the effective yield of an investment that earns 6.85% compounded daily. % round to the nearest…

A: Here we find effective yield percent.

Q: A $5800 investment is made for a three-year period at an interest rate of 5.4% per year, compounded…

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Q: Calculate the present value A=$20000, r=8%, compounded monthly, t=7 years

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Q: Find the time required for an investment of 5000 dollars to grow to 8200 dollars at an interest rate…

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

A: If P is investment amount, ris rate as a decimal, n is number of compoundings per year and t is time…

Q: To have $4 000 in 6 years, how much do you need to invest now at 3.2% compounded monthly?

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Q: An investment has grown from $15,000 to $17,684.23 in 3 years, compounding monthly. What was the…

A: We have to calculate interest rate

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: To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually?

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Q: Find the effective yield of an investment that earns 2.35% compounded weekly.

A: Effective yield=1+rnn-1 For compounded weekly, n=52

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

A: The formula to find the amount A in an account after t years with principal P and an annual interest…

Q: Find the time required for an investment of 5000 dollars to grow to 7700 dollars at an interest rate…

A: Find the time required for an investment of​ 5000 dollar to grow to​ 7700 dollar at an annual…

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Q: How long will it take to triple an investment at 4.6 percent per year, compounded quarterly? Round…

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Q: Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How…

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Q: P30,000 is invested for a period of 3 years at a rate of 6%, compounded 2 times per year. What will…

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

Q: Find the time required for an investment of 5000 dollars to grow to 7200 dollars at an interest rate…

A: SOLUTION-

Q: Find the time required for an investment of 5000 dollars to grow to 8700 dollars at an interest rate…

A:

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 interest rate needed for an investment of $3,000 to triple in 11 years if interest is…

A: To find the interest rate we use compound interest formula A=p1+rnnt where p is the amount invested…

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

A: NOTE: Refresh your page if you can't see any equations. . here we have P=5000 A=6600 r=7.5%=0.075…

Q: Find the effective yield of an investment that earns 2.5% compounded % round to the negrest…

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Q: Francis wants to have 22000 in 10 years calculate how much he should invest now at 8% interest…

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Q: Find the time required for an investment of 5000 dollars to grow to 8800 dollars at an interest rate…

A: Given data: The principal is P=$5000. The amount is A=$8800. The rate of interest is r=7.5%=0.075…

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

A: Formula used:The future value formula:

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

A:

Q: Find the time required for an investment of $4000 to grow to $9000 at an interest rate of 6% per…

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