If a $2559 deposit grows to $16584,(interest compounded continuously) in 5 years, how much would$10344 grow to in 22 years (interest compounded continuously)?   Thanks

Q: On​ Melissa's 6th​ birthday, she gets a ​$6000 CD that earns 6​% ​interest, compounded quarterly. If…

A:

Q: If $5000 is invested at 5% annual simple interest, how long does it take to be worth $6750?

A: We have to find time period where $5000 is invested at the rate of 5% and amount reached to $6750 We…

Q: A sum of $50,000 is invested in a savings account which pays interest at a rate of 9% per year…

A:

Q: Abigail wants to save $15,000 to buy a car in 7 years. If she deposits $10,000 into an account that…

A: Topic- compund intrest

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: Determine how much time is required for a $500 investment to double in value if interest is earned…

A: The amount after t years is given by the formula,

Q: At what nominal annual rate of interest will money double itself in four years, three months if…

A: Let teh present value = PAmount after the given time = ATime, t = 4 years 3 months           = 51…

Q: If $5,000.00 is invested at 8% annual simple interest, how long does it take to be worth $8,200.00.

A:

Q: A local bank advertises that an account at 9.5% interest yields 9.64% annually. How often is the…

A: Let's solve compound intersect sum.

Q: Which is better, an account paying 3.7% Interest compounded continuously or an account paying 3.75%…

A:

Q: if $300 is invested at 7% compounded what is the amount after 5 years? how much interest is earned?

A: The amount Awhen the interest is compounded annually is calculated as A=P1+r100t, where P is the…

Q: A man invests $2000 in an account that pays 8.5% interest per year, compounded quarterly. Find the…

A: Compound interest formula :A=P1+rnntHere, P=$2000r=8.5% = 0.085For compounded quaterly, n=4t=3 years

Q: Upon the birth of their first child, a couple deposited $5000 in an account that pays 8% interest…

A:

Q: How much must be deposited at the end of each year for 5 years to accumulate to $2919.00 at 4%…

A:

Q: If $25,000 is invested at 9% compounded continuosly, then how long will it take for the investment…

A: Given :- Rate of Interest (R) = 9 %               Present Value (P) = $ 25000               Actual…

Q: Suppose that you invested in a mutual fund that guaranteed 6.5% annual interest, compounded monthly.…

A: given p=principle=$3500r=rate per annum=6.5%n=4 =time we have find A…

Q: What principle will amount to $6000 if invested at 4.5% compounded semi-annually for 19 years? The…

A: Given: A=6000r=4.5%=0.045t=19 yearsn=2 ( compounded semi-annually)

Q: How long (in years) would $700 have to be invested at 11.6%, compounded continuously, to earn $500…

A: We know that, if a sum P invested at rate r compounded continuously for time t, then interest can be…

Q: If $5000 is invested at 7% annual simple interest, how long does it take to be worth $7800?

A: Use formula of simple interest

Q: If you need $8000 to travel to Europe after you graduate in 4 years.  How much would your monthly…

A: The compound interest formula is,

Q: how long will it take for 16200 to double if it is invested at 5.5% compounded quarterly

A:

Q: What would $1000 become in a saving account at 3% per year for 3 years when the interest is not…

A: Given that: Principal amount, P = $1000                   Rate of interest, r = 3%…

Q: Hannah places $ 6500 into an account earning 7.25% interest compounded continuously, how much will…

A: The formula for calculating the future value of  continuously compounded interest is, The given…

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

A:

Q: Determine the amount of money, to the nearest dollar, you must invest at 6% per year, compounded…

A:

Q: how much money should be invested in an account that earns 7% interest, compounded quarterly, in…

A:

Q: A principal of $2600 is invested at 4.25% interest, compounded annually. How many years will it take…

A: Given:- A principal of $2600 is invested at 4.25% interest, compounded annually. To find:- How many…

Q: If $1000 is invested in an account earing 4% compounded monthly, how long will it take for the…

A: The compound interest formula in exponential form is

Q: A money market account pays 5.2% annual interest, compounded daily. If $100,000 is invested in this…

A: Given- P=$100,000,r=5.2% and total interest=$10,000. To find- The time that will take to accumulate…

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

A:

Q: How long, to the nearest tenth of a year, will it take $4000 to grow to $8000 at 5% annual interest…

A: we have to find the nearest tenth of a year, will it take $4000 to grow to $8000 at 5% annual…

Q: Dylan invested $47,000 in an account paying an interest rate of 4% compounded annually. Assuming no…

A: Formula: The compound interest formula is given by, FV=PV1+rnnt Given: FV=$79,200, PV=$47,000, r=4%,…

Q: If $5,000 is invested at 7% annual interest, how long does it take to be worth $6750?

A: Initial amount =P= 5000  Final amount = 6750  So interest =I= 6750-5000= 1750  Interest rate = 7%=…

Q: Find the amount of money there is after 2 years if $600 is invested at 5% compounded quarterly.

A:

Q: how long will it take for the money in an account that us compounded at 8% interest to quadruple

A:

Q: How long would iR take to double your money in an account paying 8% compounded quarterly? Ignoring…

A: Consider the Principal be "S" The amount is given by "2S". The rate of interest is 8% per annum.…

Q: in how many years will it take to 18000 dollars accumulate to 20000 dollars when you deposited in a…

A: We need to find the time taken for a sum of 18000 dollars to accumulate to 20000 dollars.  The rate…

Q: Suppose a savings account pays 6% interest per year, compounded once per year. If the savings…

A:

Q: A man initially invested ​$800 in a savings account where interest is compounded annually. If after…

A:

Q: Jim places $1000 in a bank account that pays 5.6% compounded continuously. After 1 year, will he…

A: compounded continuouslyA=P ertcompound interestA=P1+rnnt

Q: How much will 350 grow to in 8 years at 5% compounded monthly?

A: Initial amount= P= 350  Final amount= A=? Interest rate= r= 5%=0.05  Time= t = 8 years Number of…

Q: An investment made 7 years ago has accumulated to Php 32,500. How much was invested originally if…

A: Given that : Time = 15/ 2  annually Rate = 13 % annually Amount = 32500 P = ??  By using the…

Q: A bank pays 6 % interest annually on savings, compounding the interest yearly. If we deposit $1000,…

A: Consider the given information.

Q: A computer is estimated to cost RM4000 in two years’ time. If Abu wishes to buy it, how much must he…

A: amount required to save now is RM3161.2581 detailed solution is given below

Q: A bank offers 8% interest rate compounded quarterly. How long will it take for an amount of money…

A: Interests rate offered by the bank is 8%, and compounded quarterly. We need to find the time…

Q: What amount must be invested in order to have P128 376.52 after 8 years if money is worth 6%…

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

Q: If you invest $1000 at 7% annual interest compounded monthly, how many years will it take for the…

A: let invest amount is P annual rate is r month n =12 years = t amount after t years is A =3000 A =…

Q: In going through some old belongings of his ancestors, Mr. Rakib found papers indicating that they…

A: Amount invested in year 1720 is:  P = $22 Interest Rate:  r = 4.5%

Q: My NFT Collection is depreciating in value and is only worth $165,000 as of today. If the value of…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=165000 r=-3%=-0.03…

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.