How much should be invested now at an interest rate of 6.5% per year, compounded continuously, to have $2500 in four years? Do not round any intermediate computations, and round your answer to the nearest cent.

Q: How long will it take $12,000 to grow to $15,000 if the investment earns interest at the rate of…

A: We can solve the problem by following steps.

Q: How much money needs to be deposited now into an account to obtain $3,300 in 14 years if the…

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Q: Justin wants to buy a bond that will mature to $6000 in eight years. How much should he pay for the…

A: topic - exponential function

Q: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I…

A:

Q: 1. How many whole years will it take money to be four times (itself) its value at the rate of 7%…

A: Topic - compound Interest Note: as per bartleby guidelines,we are supposed to solve only first…

Q: How much hould I invest now to yield $25 000 in 3 years' time, if the money can be invested at a…

A:

Q: Lena wants to buy a bond that will mature to $6000 in eight years. How much should she pay for the…

A: Use compounded continuously formula

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: Find the interest rate needed for an investment of $6,000 to grow to an amount of $7,000 in 8 years…

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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: Melissa wants to buy a bond that will mature to $5000 in six years. How much should she pay for the…

A: The answer is found in step-2

Q: Amy wants to buy a bond that will mature to $5500 in eight years. How much should she pay for the…

A: Consider the following formula of compound interest compounded continuously: Pt=P0ert…

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 P amounts to $280,000 if it is invested at 7%, compounded semiannually, for 16…

A:

Q: How much should be invested now at an interest rate of 6% per year, compounded continuously, to have…

A: Given that, Interest rate (r) = 6% or 0.06 per annum compounded Final amount (A) = $ 3500 Time…

Q: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

A: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

Q: Find the interest rate needed for an investment of $10,000 to grow to an amount of $13,000 in 6…

A: I have appended the formula used in the solution part of the question

Q: How long did it take for an investment of $22,500 to grow to $28,000 at 2.64% compounded…

A: Given  Principal =$22,500 Final Amount =$28000 Rate r=2.64% Compounded semi-annually

Q: Find the interest rate needed for an investment of $8,000 to triple in 15 years if interest is…

A: To find the interest rate needed for an investment of $8000 to triple in 15 years if interest is…

Q: How long will it take $14000 to grow to $16000 if it is compounded quarterly at a rate of 3.1%?…

A:

Q: How long will it take $10,000 to grow to $12,000 if the investment earns interest at the rate of…

A: We have to find how many years will it take  $10,000 to grow to $12,000 if the investment earns…

Q: How much should be invested now at an interest rate of 5.5% per year compounded continuously to have…

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 $12,000 to grow to $15,000 if the investment earns interest at the rate of…

A: Given :          $12,000 to grow to $15,000 the investment earns interest at the rate of 4%/year…

Q: 4. How many years will it take for 500.00 to grow to P1,051.82 at 10 percent compounded annually

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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: Find the interest rate needed for an investment of $6,000 to grow to an amount of $6,600 in 9 months…

A: A=P1+rnnt P is the amount invested. r is the rate. t is the time A is the amount after t years.

Q: How long will it take for a $3000 investment to grow to $3555 at an annual rate of 3%, compounded…

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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 long will it take for an investment to​ triple, if interest is compounded continuously at 6​%?…

A:

Q: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I…

A:

Q: Find the interest rate needed for an investment of $5,000 to grow to an amount of $7,500 in 10 years…

A:

Q: Kevin wants to buy a bond that will mature to $4500 in nine years. How much should he pay for the…

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Q: Find the interest rate needed for an investment of $7,000 to quadruple in 7 years if interest is…

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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: At what rate compounded monthly should be P25,000 be deposited in a bank to gain an interest of…

A:

Q: What present value P amounts to $270,000 if it is invested at 8%, compounded semiannually, for 12…

A: Determine the present value of an investment that amounts to $270,000 in 12 years if compounded…

Q: Find the interest rate needed for an investment of $7,000 to grow to an amount of $9,000 in 9 years…

A: We use following equation to get the required interest rate: Here, A = Final amount         P =…

Q: What present value P amounts to $300,000 if it is invested at 8%, compounded semiannually, for 18…

A:

Q: How long will it take for a $2000 investment to grow to $2984 at an annual rate of 4.6%, compounded…

A: Initial investment = 2000 Final amount =2984 rate of interest = 4.6%= 0.046 compounded quarterly ,…

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

A:

Q: How much should be invested now at an interest rate of 6.5% per year, compounded continuously, to…

A: Let the amount be A invested with an rate of interest of r= 6.5% = 0.065

Q: What present value P amounts to 290,000 if it is invested at 6% compounded semiannually for 12…

A:

Q: Find the interest rate needed for an investment of $3,000 to triple in 11 years if interest is…

A: To find the interest rate we use compound interest formula A=p1+rnnt where p is the amount invested…

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: If you invest $10,000 at 10% interest compounded continuously, what is the average amount in your…

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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: 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: 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