How much yearly perpetuity can a man receive after 31 years if he starts to save 90,000 today and increase it by 10,000 yearly for the next 10 years, then increase it by 5% yearly for the next 10 years and maintained his annual savings for the last 10 years if i = 12%?

Q: At what simple interest rate is P16 500 invested if it earns an interest of P1 620 just after 1.5…

A: Given:  Principal amount p=16500  Amd amount of interest earns I= 1620  Time t=1.5 year   Then to…

Q: 4. How much money would you have in 5 years if today you invested $500 in a continuously compounded…

A:

Q: How many years are required for P20,000 to increase to P30,000 if invested at 16% per year…

A:

Q: Jerome will be buying a used car for $15,000 in 3 years. How much money should he ask his parents…

A: Given, Future value  A=$15,000           Interest r=0.05           Time t=3 To find the Present…

Q: If I invest $25,000 in a savings account with a 5.75% interest rate which is compounded…

A:

Q: Serenity is going to invest $130 and leave it in an account for 19 years. Assuming the interest is…

A: Just use the formula for the compound interest and simplify.

Q: w much money does Stewart have to invest at 2.9% interest compounded continuously to have $28,000…

A:

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: An Investment of $10,000 yields 8% interest compounded quarterly. What will be the accumulated…

A:

Q: Sophie invested $170 in an account paying an interest rate of 2% compounded continuously. Wyatt…

A:

Q: How long will it take money to triple itself if invested at 5% compound interest rate?

A: GIVEN: Compound interest rate = 5%

Q: Suppose you have a $2,000 savings bond that pays 6% interest annually that matures in 10 years.  How…

A:

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

A:

Q: If I invest $25,000 in a savings account which has a 5.75% interest rate and is compounded…

A:

Q: One thousand dollars is to be invested in a bank for 4 years. Would 8% interest compounded…

A: To find the amount of semiannual compound interest, use the formula, A=P1+rnnt and substitute P with…

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 can I find the initial investment and annual rate when I am only given the time it takes to…

A:

Q: A sum of money doubles itself at compound interest in 15 years. In how many years will it become…

A:

Q: Sophie invested $170 in an account paying an interest rate of 2 % compounded continuously. Wyatt…

A:

Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

A: Given: Deposit =$4000 Interest =2% Period = 5

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: You can invest your money at a rate of 6.5% compounded continuously. How much money will you have…

A: The formula for the interest compounded continuously is A=Pert where, A is the final amount, P is…

Q: Jerome wants to invest $25,000 as part of his retirement plan. He can invest the money at 5.2%…

A: Given:

Q: If Hannah places $ 5500 into an account earning 6% interest compounded continuously, how much will…

A:

Q: Larry has $1600 to invest and needs $2700 in 17 years. What annual rate of return is required for…

A:

Q: 2. (a) If you invest $ 3000 in an account that pays 9% APR compounded continuously, how much will…

A: As per guidelines,we will solve only first question. If you want solution of another question ,…

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

A:

Q: How long will it take for a ₱30,000 investment to triple if a simple interest of 5% per annum is…

A: Please check step 2 for solution

Q: A sum of 5,000 dollars is invested at an interest rate of 8 and 1/2% per year, compounded…

A:

Q: You want to have $400,000 when you retire in 25 years. If you can earn 9% interest compounded…

A: Need to find how much money need to deposit into account to reach goal

Q: Sophie invested $170 in an account paying an interest rate of 2-% compounded continuously. Wyatt…

A:

Q: How long must $3700 be invested at 9% p.a. simple interest to give interest of $2331?

A: We will find out the required value.

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 20% of its value at…

A:

Q: Hannah wants to have $ 7500 to help pay for a new deck in 10 years. If she wants to put her money…

A: Given Future value =7500 r= 0.085 t=10 years

Q: ) Mrs. Indah saved $1800 in the bank and after 6 years her money was $2500, and the interest was…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money…

A:

Q: How much more will an investment of $15,000 earning 6.5% compounded continuously for 5 years earn…

A:

Q: If you invest $10,000 at 7.125% interest compounded daily, how long will it take for you to…

A: When the interest is compounded daily, then the formula used is , where, A is the final amount, P…

Q: checking Homework. Show Work.

A:

Q: want to have $500,000 when you retire in 8 years. If you can earn 5% interest compound continuously,…

A: We will find the initial deposit.

Q: A $1000 investment earns interest at a rate of 4.2% per annum, compounded monthly. Another…

A:

Q: How much do you have to invest at 2.4% interest compounded quarterly if you need to have $300,000…

A:

Q: You deposit $3000 in an account earning 4% interest compounded continuously. How much will you have…

A:

Q: How much yearly perpetuity can a man receive after 25 years if he starts to save 100,000 today and…

A: The given problem can be solved by multiple methods. As nothing is mentioned, we will take the help…

Q: An investment earning interest at the rate of r% per year compounded quarterly grew from an initial…

A: Consider that P is the investment amount, A is the final amount. The rate of interest is r%.

Q: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

A: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

Q: How long will it take $3000 to grow to $4800 if it is invested at a 6.2% interest rate compounded…

A: To find time we use formula: In the Given problem A=$4800P=$3000r=6.2%n=12

Q: if john invests $10,000 in an account that pays annual interest of 4% compounded continuously, then…

A: SOLUTION-

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

A: