How long would it take $8,000 to grow to $32,000 at 6​% compounded​ continuously? Round your answer to the nearest tenth of a year.

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: How long (in years) would $600 have to be invested at 11.8%, compounded continuously, to earn $300…

A: Given Principle amount, P=$600 Rate of interest, r=11.8% Interest to be earned=$300 To evaluate the…

Q: Nadav invests $6,000 in an account that earns 5% interest compounded continuously. What is the total…

A: Topic = Algebra

Q: An amount of $12,000 is deposited into an account with annual interest rate of 3.5 % compounded…

A: Principal amount = P = 12000 Interest = r= 3.5% = 0.035 Final amount = A= 12000(2)= 24000 time=t=?

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: How much time will be needed for $17,000 to grow to $18,778.58 if deposited at 4% compounded kt…

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: Suppose $40,000 is invested in an account that returns 9% per year compounded continuously. (Round…

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Q: The half life of a radioactive sample is 50 days. How much of a 800 mg sample remain after 1 year?…

A:

Q: how long will it take to triple a sum of money if it is invested at a rate of 6.25% compounded…

A: Formula:

Q: How long will it take for an investment to double in value if it earns 33​% compounded​…

A:

Q: Nadav invests $6,000 in an account that earns 5% interest compounded continuously. What is the total…

A:

Q: How long (in years) would $600 have to be invested at 11.9%, compounded continuously, to earn $400…

A:

Q: At a 8% interest compounded monthly, how long will it take to turn a hundred dollars into a million…

A: Initial amount= P= 100  Final amount = A= 1000000  Interest rate= r= 8%=0.08  Time=t=? Number of…

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: how long (in  years) would $500 have to invest at 8%, compounded continuously, to amount to $925?(…

A:

Q: If money is invested in an account earning 3.15% annual interest that is compounded continuously,…

A: Apply the compounded continuously formula, FV=Pert When future value (FV) gets double from the…

Q: How long will it take for an investment of $9,000 to triple if the investment earns interest at the…

A:

Q: How much would $20,000 amount to a 8% compounded continuously for 10 years? Round to the nearest…

A: Compound interest

Q: how long will it take for an investment of $9,000 to double if the investment earns interest at the…

A:

Q: How long (in years) would $200 have to be invested at 9%, compounded continuously, to amount to…

A:

Q: How long (in years) will it take $4,000 to grow to $6,000 if the investment earns interest at the…

A: Given, Initial Value P=$4000 Future Value A=$6000 Rate of interest r=3%=0.03 compounded monthly Time…

Q: How long will it take for the value of an account to be $890 if $350 is deposited at 11% interest…

A:

Q: Maria's parents invested $14,000 at 6% per year compounded monthly. How much money will there be in…

A: Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other…

Q: How much money needs to be invested now to obtain $2000 in 3 years if the interest rate in a savings…

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: How long (in years) would $300 have to be invested at 9%, compounded continuously, to amount to…

A:

Q: How long will it take for $1, 000 to be worth $2, 500 at 9 % interest, compounded continuously?…

A:

Q: How long (in years) would $600 have to be invested at 11.7%, compounded continuously, to earn $400…

A: Given,  Initial amount= P= 600  Interest amount= 400 So, final amount= A= 600+400=1000 Interest…

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

A: Given:

Q: The population is decreasing at a rate of 5 % per year. if the population is 25,200 today, what will…

A: Given, Current Population = 25200 Decreasing @ 5% per annum

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

A:

Q: Rochelle deposits $5,000 in an IRA. What will be the value (in dollars) of her investment in 15…

A: Use compound interest formula.

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

A: Investment

Q: How long would it take for $400 to grow to $2900 if the interest is 6%, compounded quarterly? Round…

A: use the formula A=P1+rnnt since, the interest is compounded quarterly, take n=4 2900=4001+0.0644t…

Q: You are investing money in an account earning 7.5% annual interest, compounded continuously. How…

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Q: Myra invested $10,000 in an account earning a nominal 8% per year compounded continuously. How much…

A: We have to find accumulated value at the end of one year,we have given information :

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

A:

Q: How long will take 749 SAR to amount to 1,371 SAR at an annual rate of 2% compounded quarterly? (…

A:

Q: The population is decreasing at a rate of 4 % per year. If the population is 24,800 today, what will…

A:

Q: A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its…

A: A=PertP is the amount investedA is the amount after t yearsr is the rate

Q: Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25…

A: We can make it easier for you

Q: would

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Q: How long (in years) would $700 have to be invested at 11.3%, compounded continuously, to earn $300…

A:

Q: How long (in years) would $200 have to be invested at 9%, compounded continuously, to amount to…

A: Future Value(FV) is the anticipated value of any Current Amount in the future time period. It is…

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: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

Q: A wooden statue found in Egypt has a carbon-14 content that is three-fifths of that found in living…

A: The given problem is solved below in detail.

Q: Suppose that you invest $8,000 at 8% interest compounded continuously. How much money will be in…

A:

Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.