If $3000 is invested at an interest rate 7.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nesrest cent.) (a) 4 years  (b) 8 years  (c) 12 years

Q: If you invest $50,000 at 5% interest compounded continuously, what is the average amount in your…

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Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A: Given

Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A:

Q: If $1500 is invested at an interest rate of 5.75% per year, compounded quarterly, find the value of…

A: Here we find the compound interest on investment.

Q: If you need $40,000 in your bank account in 8 years, how much must be deposited now? The interest…

A: For compounded continuously P=P0ert where, P0= initial depositr=interest rate=12%=0.12t=time…

Q: An amount of $12,000 is deposited into an account with annual interest rate of 3.5 % compounded…

A: Principal amount = P = 12000 Interest = r= 3.5% = 0.035 Final amount = A= 12000(2)= 24000 time=t=?

Q: an investment of $68,400.00 earns 16.8% annual interest, compounded continuously. If no funds are…

A: Given query is to find the future value of the amount.

Q: 1. (a) If $4500 is put in the bank today at 1.5% interest compounded continuously, how much will the…

A: (a) To find: The amount after 3 years. Given information: The invested amount is $54000 and rate of…

Q: If $1500 is invested at an interest rate of 3.5% per year, compounded continuously, find the value…

A: Function for compounded continuously is

Q: Jesaki Bank offers a 10-year CD that earns 2.3% compounded continuously.T If $10,000 is invested in…

A:

Q: An investment of $41,800 earns 5.1% annual interest, compounded continuously. If no funds are added…

A: The principal amount = P = $41800 Rate = r = 5.1% compounded continuously Time = t = 20 years

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: An investor deposits $5,000 into an account that pays 4% compounded continuously, and then deposits…

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Q: An investment of $4,200 earns 7.8% annual interest, compounded continuously. If no funds are added…

A: The solution for the above question is as shown below.

Q: Find the amount of time it would take for a $23,000 investment to double given the following…

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Q: An investment of $3,700.00 earns 19.7% annual interest, compounded continuously. If no funds are…

A:

Q: An investment of $82,200 earns 3.3% annual interest, compounded continuously. If no funds are added…

A:

Q: If $4000 is invested at an interest rate of 6.25% per year, compounded continuously, find the value…

A: Given: If $4000 is invested at an interest rate of 6.25% per year, compounded continuously The…

Q: What is the compound interest if $42,000 is invested for 15 years at 6% compounded continuously?…

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Q: Which Investment would be worth more after 20 years?  An initial investment $3000 compounded annualy…

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Q: An investment of $24,400.00 earns 12.8% annual interest, compounded continuously. If no funds are…

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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: If you invest $25,000 at 5% interest compounded continuously, what is the average amount in your…

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

A: TO FIND: How much money should they invest now at an interest rate of 9% per year, compounded…

Q: If $2500 is invested at an interest rate of 5.5% per year, compounded continuously, find the value…

A: Solution Given If $2500 is invested at an interest rate of 5.5% per year, compounded continuously,…

Q: If $3000 is invested at an interest rate of 5.25% per year, compounded continuously, find the value…

A:

Q: At age 35, Ronald earns his MBA and accepts a position as a vice president of an asphalt company.…

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Q: If $2500 is invested at an interest rate of 6.5% per year, compounded continuously, find the value…

A:

Q: What is the compound interest if $490 is invested for 12 years at 10% compounded continuously?…

A: Given Principal =$490. Rate       =10%=0.10. Time      =12 years.

Q: What is the compound interest if $48,000 is invested for 5 years at 8% compounded continuously?…

A:

Q: If $3500 is invested at an interest rate of 6.25% per year, compounded continuously, find the value…

A: A=P ertP is the invested amount.A is the amount after t years

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: If $4000 is invested at an interest rate of 8.25% per year, compounded continuously, find the value…

A:

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: Questlon 1 Given an interest rate of 7.2% per year, compounded continuously. What is the quarterly…

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Q: If $175,000 is invested at a rate of 8%per year compounded continuously, find value of the…

A:

Q: years

A: Compounded quarterly, i.e. 4 times every year,    Investment  =  $1400  Rate  =  3.75%  =  0.0375…

Q: a.) What will an investment of 30 000 Euros at 5.6% p.a. interest compounded annually amount to…

A:

Q: An investment of $1,000.00 earns 1.2% annual interest, compounded continuously. If no funds are…

A:

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

A:

Q: If $4000 is invested at an interest rate of 6.25% per year, compounded continuously, find the value…

A: To answer the following

Q: Consider an investment where $48,000 is invested for 15 years at 8% compounded continuously. (a)…

A:

Q: If $4000 is invested at an interest rate of 7.25% per year, compounded continuously, find the value…

A: Given Prncipal = P = $ 4000 Rate of interest = r = 7.25 %  per year Let's assume Amount = A Time  =…

Q: What is the compound interest if $46,000 is invested for 10 years at 8% compounded continuously?…

A: Amount in continuous compound interest: where,

Q: What is the compound interest if $48,000 is invested for 10 years at 8% compounded continuously?…

A:

Q: How much should be deposited in an account payıng 5% interest in order to have a balance of $12,000…

A:

Q: Recently, a certain bank offered a 10-year CD that earns 11.2% compounded continuously. Use the…

A: Given the following : Compounding interest on CD (r) = 11.2%=11.2100=0.112 Period (t) = 10 years

Q: An investment of $98,200.00 earns 14.1% annual interest, compounded continuously. If no funds are…

A:

Q: Find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5% if the…

A: We will find out the required value.

Q: How long will it take an investment of $3,400 at an interest rate of 4% per year compounded…

A: Given,       P = $3400  ( initial investment/ principal)       I = 4% = 0.04 ( interest rate)      A…

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.