If 47,800 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.

Q: If $500 is invested at an interest rate of 2.5% per year, find the amount of the investment at the…

A: The formula for compound interest is A = P (1+r/n)nt   Where A is the final amount, P = principal…

Q: Your plan is to invest now and cash in your investment in 30 years to have $200,000. How much would…

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Q: If $500 is invested at an interest rate of 5.5% per year, find the amount of the investment at the…

A: A=P1+rnntP is the invested amountr is the rate of interest t is the time periodn=1 for annually, 2…

Q: If $1500 is invested in an account at an interest rate of 2.0% per year, find the amount of the…

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Q: If I want to grow an investment to $20,000 to have as a down payment, how much does the Initial…

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Q: Suppose an individual wants to have exactly $300,000 available for her child's education. (a) Find…

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Q: man wished to have a p 40,000 in certain fund at the end of 8 years that will pay a nominal rate of…

A: Given query is to find compund amount factor

Q: If 15200 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: Given: Principal or invested amount (P) = 15200 dollars interest rate (r) = 5% = 5 / 100 = 0.05 time…

Q: This exercise is based on the following table, which lists interest rates on long-term investments…

A: = final amount = principle amount = interest rate = number of times interest applied per…

Q: If $600 is invested at an interest rate of 2.5% per year, find the amount of the investment at the…

A: We have given the principle P=$600 Rate =2.5% Time t=10

Q: If $400 is invested at an interest rate of 4.5% per year, find the amount of the investment at the…

A: To calculate the value of the investment for a) , b)  and c). (As per norms , the first three…

Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: To find the amount owe in 5 years if compounding continuously :

Q: If 8,600 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: A=P1+rnnt P=8600 r=5%=0.05 t=5 years A=86001+0.05n5n

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

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Q: The parents of a child wish to establish a trust fund for the child’s college education. If they…

A: Compound Interest Formula:  (compounded continuously) A = P·er·t where t is the time period in years…

Q: Suppose income from an endowment is generated at the annual rate of $42,000 per year. Find the…

A: Given: The annual rate of $42,000 per year, an interest rate of 7.5% compounded continuously. Find:…

Q: If you invest $20,000 at an annual rate of 1% compounded continuously, calculate the final amount…

A: Given, the interest is compounded continuously.

Q: A town has a population of 3000 and grows at 4% every year. To the nearest tenth of a year, how long…

A: Since there are multiple questions posted, we will answer the first question. If you want the…

Q: If 25000 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: Solved below...

Q: Mr. Greg Greedy deposits GHC56,000 into his savings account at Fairview Bank which attracts an…

A: Given problem is :

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 does it take for an investment to double in value if it is invested at 11% compounded…

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Q: If 7200 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: To answer the following questions

Q: Find the interest rate r needed for an investment of $4000 to grow to $28,000 in 6 years if interest…

A: We will use future value formula to find interest rate

Q: If 37200 dollars is invested at an interest rate of 8 percent per year, find the value of the…

A: Here we have to calculate the interest

Q: Mr. and Mrs. Rodriguez hope to send their son to college in twelve years. How much money should they…

A: Given  Time = 12 years Interest rate = 9.5% per year , compounded continuously Final amount = $8000…

Q: 6. Suppose you want to have $12,450 in an account 16 years from now, and the APR is 2.3%. (a) If…

A: A=$12450 r=2.3% =0.023 t=16 years  n=4 (quarterly ) A=P(1+r/n)^(n*t)

Q: if $3,500 is invested at an interest rate of 2.75% per year, compounded continuously, find the value…

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Q: How long does it take for an investment to double in value if it is invested at 6 % compounded…

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Q: Peyton is going to invest $71,000 and leave it in an account for 18 years. Assuming the interest is…

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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: Investment= $43700  Interest rate = 10%  Time =5year . Calculate amount compounded  a) annually b)…

Q: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

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Q: A man with ​$30,000 to invest decides to diversify his investments by placing $15,000 in an account…

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Q: If $400 is invested at an interest rate of 4.5% per year, find the amount of the investment at the…

A: Solution-

Q: Suppose you invest R10000 over a period of 6 years. If money is compounded continuously, the annual…

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Q: If $25200 is invested at an annual interest rate of 9%, find the value of the investment at the end…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

Q: (3) (i) What rate of interest compounded annually is needed to make an investment of $6,500…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Suppose that $10,000 is invested at rate k, compounded continuously, and grows to $15,851.32 in 7…

A:

Q: If 31,600 dollars is invested at an interest rate of 6 percent per year, find the value of the…

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Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: How long will it take for an investment of $32,000 in a mutual fund to mature to at least $100,000…

A:

Q: If $500 is invested at an interest rate of 3.5% per year, find the amount of the investment at the…

A: Given,

Q: you deposit $500 in an investment with an APR of 6% and continuous compounding, the balance after…

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Q: i. Ahmad invested RM40,000 at 6% compounded quarterly. This investment is to support his children’s…

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Q: 1. Mr. Raj invested his money amounting to 500,000 in an investment which offers 4% compounded…

A: Given : Mr. Raj Invested his money amounting to 500,000 in an investment which offers 4% compounded…

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

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

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

A:

Q: If $300 is invested at an interest rate of 4.5% per year, find the amount of the investment at the…

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Q: A company will need 1,500 barrels of fuel at the end of this month, and its needs will increase at…

A: Use the formula: Final quantity=Original Quantity1+Rate of increase per each time-interval100Number…