If investment A has continuously compounded interest and an annual return of 2%, and Jane has $100 after 5 years, how much money will she have after 8 years? Round to the nearest dollar. O 106 O 115

Q: If $3000 is invested at an interest rate 7.25% per year, compounded continuously, find the value of…

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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…

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A: We need to find out that after 6 years what will be the invested amount become.

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

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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

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Q: Suppose your great-great grandmother invested $500 earning 5.6% interest compounded continuously 90…

A: We have to find the amount

Q: If $3500 is invested at an interest rate of 8.25% per year, compounded continuously, find the value…

A: Given that $3500 is invested at an interest rate of 8.25 % , compounded continuously. We need to…

Q: If $2000 is invested at an interest rate of 4.5% per year, compounded continuously, find the value…

A: Since the interest is compounded continuously, the Principal will increase exponentially.  The…

Q: Recall the investment formula: A(t) = P( 1 + r)t , where t is in years. Given an investment (P) of…

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Q: If $2000 is invested in an account for which interest is compounded continuously, find the amount of…

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Q: The lifetimes (in months) of two types of lightbulbs are independent Exponential variables with…

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Q: How long will take it for money to quadruple itself if invested at 20% compounded quarterly? 9.5…

A: Compound Interest Formula:A=P1+rnWhere P= Initial amount           r= interest rate per period…

Q: in 2008 the price of a new Mazda, RX-8, four door coupe was $28,900. Assume that the value of the…

A: Let's find.

Q: Determine the value of the account if the initial investment is $500 compounded quarterly at a rate…

A: The future amount obtained when the interest is compounded n number of times for t years at the rate…

Q: A sum of money doubles itself in 4 years at compound interest. It will amount to 8 times itself at…

A: Let the initial sum be denoted by P

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

A:

Q: If $20,000 is invested at an interest rate of 6% per year, compounded semiannually, find the value…

A: The principal is $20,000 and the rate is 6% per year, compounded semiannually. As the interest is…

Q: How long will it take to double an investment of 6000 Rials if invested at an interest rate of 6%…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: If $3000 is invested at 5% interest, find the value ofthe investment at the end of 5 years if the…

A: Since you have posted a question with multiple sub-parts, we will solve only first three sub-parts…

Q: James invested $10,000 at Rocket Financial in Houston before moving to New York. Rocket Financial…

A: Given, P = $10,000 r = 2% componded continuously = 0.02

Q: If $3000 is invested at an interest rate of 6.25% per year, compounded continuously, find the value…

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Q: How long will it take to double an investment of 6000 Rials if invested at an interest rate of 6%…

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Q: At what normal interest rate compounded quarterly will a certain amount of money be equal to 1.5…

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Q: At the end of 8 years, Alex would have $7,340.73 in his savings account if he invested his money at…

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

A:

Q: years

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

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A: ANSWER IS AS BELOW:

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

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Q: 3. A university invests $100,000 into an account that pays a 4.75% annual rate compounded…

A: Given Principal invested = P = $100,000 The annual interest rate = r = 4.75% We have to find the…

Q: If $5000 is invested at an interest rate of 1.9% per year, compounded quarterly, find the value of…

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Q: How long will it take money to double if it is invested at the following rates? (A) 7.1% compounded…

A: The compound interest formula is: A=P1+rnnt...(1) Here, interest is compounded sem-annually. So, n=2…

Q: If money is invested at 6% compounded semi annually, find the present value of P94 500 due in 3…

A: Given that, A = P94500, t= 3 years, m = 2, r=0.06 The formula for calculating the present value is,

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: If investment A has continuously compounded interest and an annual return of 2%, and Jane has $100…

A: To find how much money she have after 8 years if she had 100 dollars after 5 years.

Q: 1.63 How many years will it take for your investment to be 1.5 times as much as what you deposit…

A: To Find: How many years will it take for your investment to be 1.5 times as much aswhat you deposit…

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  =…

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Q: Solve the problem. 66) What is the iate on an investment that triples $4848 in 3 years? Assume…

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Q: Which of the following investment opportunities offers you the best effective rate of return?…

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Q: Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 2 years:…

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Q: Suppose you have $14,000 to invest. Which of the two rates would yield the larger amount in 3 years:…

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Q: A sum of money invested at compound interest doubles itself in 3 years. In how many years will it…

A: B) 9 years

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

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Q: If investment A has an annual return of 4% with continuously compounded interest, and Jane has $500…

A: Given: Interest rate, r = 4% =4/100=0.04 Final amount, A = $500 Number of years, t = 4

Matrices

‘Matrices’ is the plural form of the word matrix, and it is basically a spreadsheet in the form of a box. In mathematics, various functions can be carried out with matrices. Generally, a matrix comes in the shape of a square or rectangle. The elements are distributed horizontally in the form of rows, and vertically in the form of columns.