How much money needs to be deposited now into an account to obtain $8,100 in 7 years if the interest rate is 3% per year compounded continuously? Round your answer to 2 decimal places Question Help: D Video Message instructor Submit Question

Q: Jamie placed $2800 in a savings account which earns 4.3% interest, compounded continuously. How…

A: Answer: 4090 dollar approx

Q: My aunt invests $1000 in an account that is continuously compounded at a 5% interest rate. How much…

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Q: education. He has found a bank that will pay 9 percent interest compounded continuously. How much…

A: Topic:- algebra

Q: (a) How long will it take an investment to double in value if the interest rate is 5% compounded…

A: (a) Given data is : P=PA=2Pr=5%  To find how long will it take an investment to double if compounded…

Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

A: The future amount, A = $12,000 Interest rate, r = 6% = 0.06 Time, t = 4 years Number of times the…

Q: esent value. A promissory note will pay $30,000 at maturity 10 years from now. How much should you…

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Q: Microsoft's stock price peaked at 6118% of its I.P.O. price more than 13 years after the I.P.O.†…

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Q: In the formula A(t)=Pert for continuously compound interest, the letters P, r, and t stand for ___ ,…

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

A: We have to find the time

Q: A woman invests $5900 in an account that pays 6% interest per year, compounded continuously. (a)…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: If $3500 is invested at an interest rate of 8.25% per year, compounded continuously, find the value…

A: Given that $3500 is invested at an interest rate of 8.25 % , compounded continuously. We need to…

Q: (b) How long does it take if the interest is compounded continuously? 37. What rate of interest…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Starting at age 35, you deposit $2000 a year into an IRA account for retirement. Treat the yearly…

A:

Q: A woman invests $5600 in an account that pays 6% interest per year, compounded continuously. (a)…

A: (a) Given, Principle amount = $5600  Interest rate (r)-=6% or 0.06 per year, compounded…

Q: Starting at age 25, you deposit $2000 a year into an IRA account for retirement. Treat the yearly…

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Q: If $2000 is invested in an account for which interest is compounded continuously, find the amount of…

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Q: Complete the table by determining the amount of money P (present value) that should be invested at a…

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Q: How much should be invested today at 5.95% compounded quarterly to have $11,000 in 15 years?…

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Q: Complete the table to determine the amount of money P that should be invested at rate r to produce a…

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Q: Julie places a continuous stream of $5, 000 per year into a savings account which has a continuously…

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Q: Find how much money needs to be deposited now into an account to obtain $3,900 (Future Value) in 7…

A: We have to find

Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

A: We have to find how much money should be invested in an account that earns 6% interest, compounded…

Q: Use the annual compound interest formula A=P(1+r)tA=P(1+r)t to complete this problem. If you invest…

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Q: A bank features a savings account that has an annual percentage rate of r 3.6% with interest…

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Q: How much money needs to be deposited now into an account to obtain $1,500 in 12 years if the…

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Q: julie places a continuous stream of $5,000 per year into a savings account which has a continuously…

A: We have to find accumulated value of continous stream of 5000 at rate of 1.1% compounded continously…

Q: Use the compound interest formulas, A = P and A = Pe", to solve the following problem. Find the…

A: a) Given that the initial amount=P=25000Time=t=3 yearsRate of interest=r=6.5%=0.065Number of times…

Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

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Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate…

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Q: Question Cynthia invested $12,000 in a savings account. If the interest rate is 6%, how much will be…

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Q: If 43700 dollars is invested at an interest rate of 10 percent per year, find the value of the…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=43700 r=10%=0.1 t=5 years

Q: Starting at age 35, you deposit $2000 a year into an IRA account for retirement. Treat the yearly…

A: Given that,

Q: A young couple just had a child and wanted to immediately start college fund. They found a deal with…

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Q: If you invest $200 into a savings account that earms 4% annual interest compounded continuously, how…

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Q: A woman invests $6200 in an account that pays 6% interest per year, compounded continuously. (a)…

A: We have, Principle amount is, P=$6,200 Interest rate, r=6%   It is known that total amount with…

Q: A man invests $2000 in an account that pays 6.5% interest per year, compounded quarterly. (a) Find…

A: Use the below mentioned formula to calculate the unknown A.

Q: Find how much money needs to be deposited now into an account to obtain $7,800 (Future Value) in 10…

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Q: Complete the table for an account in which interest is compounded continuously. See Example 3.…

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Q: A philanthropist deposits $4,000 in a trust fund that pays 5.5% interest, compounded continuously.…

A: Formula for compound interest counting continuously. Total value =pert Where  p=initial deposit…

Q: April invested $7500 into a continuously compounded account with an interest rate of 2.7% for 2…

A:

Q: A woman invests $5900 in an account that pays 6% interest per year, compounded continuously. (a)…

A: Concept : for a Principal amount of P compounded at a rate of r % the final amount after n years is…

Q: A man invests $3000 in an account that pays 6.5% interest per year, compounded quarterly. (a) Find…

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Q: How long will it take an investment of $2000 to double if the investment earns interest at the rate…

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Q: A deposit of $4,000 is made in a college savings fund that pays 5.0% interest, compounded…

A: The formula for continuous compounding is, A = Pert  where, P = the initial amount A = the final…

Q: Eight thousand dollars has to be invested for 10 years.  For each option below, calculate the…

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Q: A woman invests $5800 in an account that pays 6% interest per year, compounded continuously. (a)…

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Q: An investor bought stock for $20,000. Fourteen years later, the stock was sold for $30,000. If…

A:

Q: How much money should be invested in an account that earns 3% interest, compounded monthly, in order…

A: From the given data,Interest rate r=3%, time period t=5yeras and P=$15000.

Q: Complete the table to find the amount P that must be invested at rate r to obtain a balance of…

A:

Q: long will it take an investment to double in value if the interest rate is 4% compounded…

A: Given query is to find the timme in which investment gets double.

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.