How many years are required for P1,000.00 to increase to P2,000.00 if invested at 9% per year compounded semi-annually, quarterly, monthly, daily, and continuously?

Q: Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the interest is…

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Q: How much money should be deposited today in an account that earns 5% compounded semiannually so that…

A: The formula to calculate amount to be deposited in the account is shown belowwhere A is the…

Q: How much money should be deposited today in an account that earns 3% compounded semiannually so that…

A: A=P1+rnntwhere   A = Final amount P= deposited amount r= interest rate n= no. of ompounding period

Q: how long will it take $15,000 to grow to $18,000 if the investment earns interest at the rate of…

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Q: Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 5% if the…

A: the compound interest formula:…

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: How much should Rebecca have in a savings account that is earning 3.50% compounded semi-annually, if…

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Q: How much would you have to pay into an account at the beginning of every 3 months to accumulate…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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

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Q: One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on…

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Q: Suppose that $1000 is invested at a 10% interest rate compounded quarterly. b) How many years will…

A: Solution:Giveninvestmentment Amount=$1000     r=0.01To find (a) What will investment be worth after…

Q: How much do you need to invest at the beginning of each of the next 60 months in order to have a…

A: Since the given amount of $100,000 is deposited at beginning of each month, it is annuity due.Then…

Q: How many years are required for P5,000 to increase to P8,000 if invested at 12% per year compounded…

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Q: How much money should be deposited today in an account that earns 6% compounded monthly so that it…

A: If an amount P is deposited today in an account that earns interest rate r per compounding period,…

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: How long did it take for an investment of $27,500 to grow to at least $30,000 at 2.25% compounded…

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Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: how many years will it take for an initial deposit of p dollars to double if interest is compounded…

A: Given,           The initial deposit is p dollars and the rate of interest is 3%.

Q: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

Q: Chase invested $39,000 in an account paying an interest rate of 3.2% compounded daily. Assuming no…

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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 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: 7. How many years would it take for $450 to amount to $5000 if it is invested at 3.9% per annum…

A: The initial amount is: $450 The compound interest is: 3.9% The amount interested per annum…

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: How long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per…

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Q: Find the interest rate needed for an investment of $3,000 to grow to an amount of $4,000 in 9 years…

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Q: At what nominal rate compounded quarterly would $20,000 have to be invested to amount to $26,425.82…

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

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Q: How long did it take for an investment of $23,750 to grow to at least $27,000 at 2.25% compounded…

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Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

A: Let $x should be deposited today that earns 7y.Compound semi annually. So that it will accumulate…

Q: If R8500 is invested in a saving account offering 5.4% per year, compounded semi-annually, the rate…

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Q: How much money should  be invested in an account that earns 9% interest, compounded semiannually, in…

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Q: Morgan is going to invest $8,200 and leave it in an account for 10 years. Assuming the interest is…

A: A=$16500 P=$8200 t=10 years n=12 (compounded monthly) We have to found intrest rate

Q: How much time does it take for a $7,550 investment to grow to $10,800 in an account compounded…

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Q: If $200 is invested at 6% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount…

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Q: 4. Find out how many months it will take for 1000 taka to grow to 20000. Given 6% annual interest…

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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: How long (in years and months) will it take for an investment to double at 3% compounded monthly?

A: If you like the solution then please give it a thumbs up.. The Answer is:     Result = 23.45  It…

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

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Q: b. Suppose you as a businessman leave an initial amount of $600 in a savings account at an annual…

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

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Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

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Q: van wants to put some money into an investment fund that has paid, on average, 13.2% per ar,…

A: Given query is to find the investment amount so that the future value will be 10000

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:

Q: Find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5% if the…

A: We will find out the required value.

Q: Find the amount P that needs to be invested at a rate of 5% compounded quarterly for 6 years to give…

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Q: A philanthropist deposits $50,000 into a trust fund that pays 4.5%, compounded continuously. The…

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