How many years are needed for doubling 100 TL with annual interest 5,1% ?

Q: An amount of $25,000 is deposited in a bank that pays interest rate of 4% year, compounded annually.…

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Q: How much money should be deposited today in an account that earns 8% compounded quarterly so that it…

A: In this question, concept of Compound Interest is applied. Compound Interest Compound interest is…

Q: How much money will you have after 5 years, if you invest 00000 at thé raté ol 2% compounded…

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Q: What rate of interest compounded annually is required todouble an investment in 6 years?

A: We know that, A=P1+rnnt         ...(1) Where A =  final amount. P = Initial principal balance r =…

Q: How many years will it take for an initial investment of $10,000 to grow to $15,000? Assume a rate…

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Q: Find the accumulated amount after 3 years if $5000 is invested at 7%/year compounded continuously.…

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Q: The doubling time of an investment with continuous compound interest is 12.7 years. If the…

A: Given:  Today's Investment=$20,000 Doubling Time=12.7 years Time=5 years To find: Worth of…

Q: What is the present value of an investment at 5% annual simple interest if it is worth $1250 in 18…

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Q: a. Exact doubling time at a rate of 12%= b.  For an item that costs $800 today what will the price…

A: (a) Consider the given data. Formula used: The exact doubling time is Tdouble=log2log1+r. New value…

Q: How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously?

A: If the interest is compounded continuously, then the following formula is used. A=Pert , where, A is…

Q: Amelia is going to invest in an account paying an interest rate of 6.5% compounded daily. How mueh…

A: Given interest rate, r = 6.5% = 0.065 Amount, After 5 years, A = $10,200 Time, t = 5 years

Q: Find the present value of amount. $7300 if interest is 5% compounded continuously for 3 years

A: Given, $7300 if interest is 5% compounded continuously for 3 years We use the formula A=Pert

Q: Fifty thousand pesos is deposited annually at an interest rate of 6% per annum compounded…

A: The future value is the accumulation of the initial value of the money. It includes the compounding…

Q: How many years will it take an investment todouble if the interest rate is 8.4% compounded at…

A: We have given the interest of an investment; r= 8.4%=0.084 Since the investment have to be doubled;…

Q: $5000 is invested in a stock that returns getting 8% compounded monthly. how much interest will be…

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Q: How long does it take to increase 40% of original principal at 4% compounded monthly?

A: Solving the problem by finding the time in years.

Q: The doubling time of an investment with continuous compound interest is 12.6 years. If the…

A: It is given that, double time of the investment = 12.7 years.Principle amount is $24,000.The number…

Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

Q: What annual rate of interest compounded annually is required to double an investment in 7 years?…

A: The formula to calculate compound interest is A = P ( 1 + r/n )t*n

Q: How much money should you deposit in a bank so that it will accumulate to P100,000 at 1% simple…

A: As per our guidelines we are supposed to answer only one question. Kindly re-post other question as…

Q: A down payment of $4500 is needed for a car. Money will be invested at 9.2%/a compounded bi-weekly…

A: Given the interest rate 9.2% and the time period is 3 years and the amount is $ 4500. Interest…

Q: Determine the time required for an investment of $1500 to double if it earns 4% interest compounded…

A: Principal amount:= 1500$                   Rate of Interest:= 4%…

Q: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

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Q: how much money should be invested in an account that earns 7% interest, compounded quarterly, in…

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Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

A: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

Q: The doubling time of an investment with continuous compound interest is 12.3 years. If the…

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Q: Lauren is going to invest in an account paying an interest rate of 3.4% compounded annually. How…

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Q: We put $500 in an account earning interest compounded continously. What interest rate do we need if…

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Q: $2000 is invested for 5 years with an APR of 3% and daily compounding.

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

Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

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Q: How much will you get out from 1000 that grows at 9% compounded monthly at the end of 17 years?

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Q: Find the amount invested in a saving account so that the balance at 8% interest compounded daily is…

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Q: Complete the table for a savings account in which interest is compounded continuously. (Round your…

A: We will use, Future value = (Present Value) * e(Annual Interest Rate * Period in year)

Q: Determine how much time is requiredfor an investment to double in value if interest is earned at…

A: for monthly compounding: 2 = (1 + .0625/12)^(12t) ln 2 = ln[(1 + .0625/12)^(12t)] ln 2 = 12t ln (1 +…

Q: Find the required annual interest rate to the nearest tenth of a percent for ​$1100 to grow to…

A: Use formula of compounded interest

Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: A principal of 2450 Rials is invested at rate 5.25% compounded quarterly. After how many years the…

A: It is the principle is 2450 Rails. The rate of interest is 5.25% and is compounded quarterly. So,…

Q: Gabriella invests $4,114 in a retirement account with a fixed annual interest rate of 4.87%…

A: A(t) = P ert where,                 P = $ 4114                 r = 4.87% =…

Q: kawla invests 3000 tl in an bussiness earning 4.5% profit rate which is compounded annually. how…

A: Explanation below

Q: If $2000 is invested for 3 years at 8% compounded quarterly how much intrest in dollars will be…

A: Given that, P = $2000, n = 4, R = 8% and t = 3. Calculate the value of A. A=P(1+rn)nt…

Q: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

A: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

Q: We invested $15000 in a project that returns 12% interest compounded annually (yearly). How much…

A: the formula used here, A=p(1+r100)t compund interest(CI)=A-p where, A=amount p=principal invested…

Q: $1500 is invested at a rate of 8% coumpounded quarterly. What is the amount at the end of 5 years?

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Q: Julian invested $990 in an account paying an interest rate 6.2% compounded continuously. Assuming no…

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Q: Deposits of $850 per month are made into an investment account. The interest rate is 6.5% per annum…

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Q: Find the present value that will grow to $7000 if the annual interest rate is 9.5% compounded…

A: Given:

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

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Q: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years, there is…

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