If Hannah places $ 4500 into an account earning 7.25% interest compounded continuously, how much will she have after 10 years? Final amount =

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: you invest $7,500 in an account paying 8.35% compounded continuously, how much money will be in the…

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Q: $600 invested at 5% compounded daily after a period of3 years

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Q: You deposit $4000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: You deposit $6000 in an account earning 5% interest compounded continuously. How much will you have…

A: Continuously compounded interest means that your principal is constantly earning interest and the…

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

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: How much money should be deposited today in an account that earns 6% compounded semiannually so that…

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

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Q: Find the present value of amount. $7300 if interest is 5% compounded continuously for 3 years

A: Given, $7300 if interest is 5% compounded continuously for 3 years We use the formula A=Pert

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: Find the amount that results from each investment. $600 invested at 5% compounded daily after a…

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Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

Q: You deposit $2000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: Suppose you deposit $1000 in an account that earns 6.2 % compounded monthly. a. How much money will…

A: To calculate the total amount compounded monthly, substitute 1000 for P, 6.2% for r, 12 for n and 5…

Q: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

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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 12.3 years. If the…

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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: If $23,000.00 is invested in an account for 30 years. Find the value of the investment at the end of…

A: Solution: From the given information, invested amount is $26,000, interest rate is 7%, compounded…

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

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Q: You deposit $6000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: How much will you get out from 1000 that grows at 9% compounded monthly at the end of 17 years?

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Q: You deposit $3000 in an account earning 7% interest compounded continuously. How much will you have…

A: Let P = $3000 is the principal amount which is initial deposit, r = 7% is the Rate of interest, t =…

Q: Antonio deposits $9,200 in a savings account that pays 5.5% compounded continuously. How much will…

A: We have to find

Q: How much money would be in an account if $2, 000 is deposited at 6 % interest compounded…

A: *concept:- compound interest formula.

Q: If you invest $1200 in an account paying 9% compounded continuously, how much money will be in the…

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Q: You deposit $4000 in an account earning 3% interest compounded continuously. How much will you have…

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Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: Find the amount that results from each investment. $50 invested at 6% compounded monthly after a…

A: We have to find the amount when $50 invested at 6% compounded monthly after a period of 3 years.

Q: Find the balance if $24000 is invested in an account paying 6% interest compounded continuously for…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

Q: How much was invested into Ed's account that was continuously compounded at 3.9% interest for 15…

A: Compound Interest :  When the interest charged after a certain specified time period is added to…

Q: You deposit $6000 in an account earning 7% interest compounded continuously. How much will you have…

A: We have to find the compound intrest for the money deposited in Bank

Q: How much is in an account after 10 years if $1000 is invested at an interest rate of 2.4%/year…

A: (a)Given:

Q: You deposit $4000 in an account earning 8% interest compounded continuously. How much will you have…

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Q: Find the amount that results from each investment. $700 invested at 6% compounded daily after a…

A: Given: Find the amount that results from each investment.$700 invested at 6% compounded daily after…

Q: If 1,000,000 php is invested at 8% compounded quarterly, how many years will the investment grow to…

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Q: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

A: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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

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Q: d. If the same account and interest were compounded continuously, how much money would the account…

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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: If $100 is invested at 8% compounded monthly what is the amount after 6 years? how much interest is…

A: amount = P (1+r/n)nt Interest = amount - Principal

Q: Ben franklin bequeathed $4000.00 to the city of Boston in 1790. Assuming the fund grew to $15…

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Q: balance

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