How long will take it for money to quadruple itself if invested at 20% compounded quarterly? 9.5 years Оb. 6.3 years O c. 10.7 years O d. 7.1 years

Q: What interest will be earned if $6600 is invested for 4 years at 12% compounded monthly? (round to…

A: Given that, $6600  invested for 4 years at 12% compounded   compounded  monthly.    want to…

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: If $1500 is invested at an interest rate of 5.75% per year, compounded quarterly, find the value of…

A: Here we find the compound interest on investment.

Q: Which of the given interest rates and compounding periods would provide the best investment? 2% per…

A:

Q: If $4,000 is invested at an interest rate of 5.7% per year, compounded quarterly, find the amount…

A:

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A:

Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

Q: How much money would you have to invest at 10% compounded semiannually so that the total investment…

A:

Q: An item will need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A:

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

A:

Q: Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is…

A:

Q: How long will it take for your investment to grow 25% if the annual percentage rate is 3.5%…

A: Introduction :We have asked for the time period will it take to grow a amount to its 25% , where the…

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: What present value amounts to $20,000 if it is invested for 15 years at 8% compounded annually?…

A: Given:Total accumulated amount (A) = 20,000 dollarsRate = 5%Time, n = 15Present value (Principle)…

Q: How much should a mother invest at the time her daughter is born in order to provide her with…

A: A mother invest at the time her daughter is born in order to provide her with$95,000 at age 18. The…

Q: Cynthia's investment of $81,200.00 in a fund matured to $160,353.29 in 7 years. If the interest in…

A:

Q: If $1000 is invested at an interest rate of 3.5% per year, compounded daily, find the value of the…

A: Given data  Investment P=1000  interest rate r=3.5% =0.035  Compounded daily=n=365  Value of the…

Q: How long will it take for money to double itself at 8% compounded quarterly? (Assume a principal…

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 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: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: (a) How long does it take for an investment to double invalue if it is invested at 8% compounded…

A: a). Given, r=8%=0.08,  n=12 Let P be the principal amount. Now, A=P1+rnn·t⇒2P=P1+0.081212t   ∵Double…

Q: Suppose that you have opened a saving account with an initial deposit of $5,600. The account offers…

A:

Q: If $10,000 is invested at an interest rate of 3% per year, compounded semiannually, find the value…

A: If $10,000 is invested at an interest rate of 3% per year, compoundedsemiannually.Our Aim is to find…

Q: How much money should Bryan invest today into a fund that earns interest at 5.75% compounded…

A:

Q: How long will it take $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

A:

Q: How much should be invested now at 7.45% compounded semiannually to have $39,000 in 20 years?

A:

Q: a.) What will an investment of 30 000 Euros at 5.6% p.a. interest compounded annually amount to…

A:

Q: How much money should David invest today into a fund that earns interest at 3.50% compounded…

A: Given the rate of interest is 3.50% compounded quarterly and the time period is 6 years. David wants…

Q: 5. How many compounding periods are there in the following investment? Dan invests a principal of…

A:

Q: If $2500 is invested at an interest rate of 2.5% per year, compounded daily, find the value of the…

A: Given, The initial amount, P=$2500 Rate of interest,r=2.5% Compounded daily,n=365

Q: If $500 is invested at an interest rate of 3.75% per year, compounded quarterly, find the value of…

A: Consider the following information: PrincipalP=$500Rate of interestr=3.75⁒n=4 Compound interest…

Q: 4. How many years (to the nearest tenth) will it take for a $1500 investment to double with an…

A:

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: How much money should Lisa invest today into a fund that earns interest at 4.25% compounded…

A: This question can be solved using present value of ordinary annuity

Q: Having received a large inheritance, a child's parents wish to establish a trust for the child's…

A:

Q: What present value amounts to $20,000 if it is invested for 15 years at 7% compounded annually?…

A:

Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

Q: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

Q: (a) How long does it take for an investment to triple invalue if it is invested at 6% compounded…

A: (a). When interest is compounded periodically then formula for amount is given as: A=P1+rnnt, where…

Q: How much should be deposited in an account payıng 5% interest in order to have a balance of $12,000…

A:

Q: How long did it take for an investment of $25,000 to grow to at least $28,000 at 2.75% compounded…

A: Given: A = $28000 P = $25000 r = 2.75% We know the quarterly compound interest formula as A=P1+r44t.…

Q: What present value P amounts to $280,000 if it is invested at 8%, compounded semiannually, for 16…

A: If investment or present value = $P interest rate = r  compounded m times per year. and time period=…

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

A:

Q: f $1000 is invested in an account earning 3% compounded monthly, how long will it take the account…

A: The amount obtained by investing an amount of $P in an account that gives an interest of r%…

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

A:

Q: What present value P amounts to $250,000 if it is invested at 6%, compounded semiannually, for 15…

A: P = A / (1 + r/2)2 x n where P = present value A = amount in future r = rate per annum 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: