If money is worth 7% compounded continuously, find the equated time for paying a loan of P 200,050 due in 2 years and P 315,000 due in 4 years.

Q: Find the amount that results from investing $1200 at 4% compounded daily for a period of 3.5 years.…

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Q: How many years are required for P20,000 to increase to P30,000 if invested at 16% per year…

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Q: To the nearest penny, how much would you have to invest right now in a fund paying 5% continuously…

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Q: if $300 is invested at an interest rate of 5% compounded quarterly, then the amount after 2 years is…

A: Amount , A= P(1+r/n)nt   where, P= the principle amount             r= rate of interest           t=…

Q: Suppose you as a businessman leave an initial amount of 600$ in savings account at an annual rate of…

A: Simply use the formula of the Compound interest.

Q: Find the interest rate needed for an investment of $4000 to quadruple in 12 years if interest is…

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Q: an investment of $7740 grows to $9635 in 6 years at continuously compounded interest, what is the…

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Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 24…

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Q: The average cost of a 4-year college education is projected to be $120,000.00 in 18 years. How much…

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Q: Find the interest rate needed for an investment of $9,000 to triple in 7 years if interest is…

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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: at what nominal rate, compounded monthly, would $13000 have to be invested to amount 22,716.49 in 7…

A: When the interest is compounded, then the formula used is , where, A is the final amount, P is the…

Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: Find the amount that results from the given investment. $300 after 3 years invested at 9% compounded…

A: Compound interest:In compound interest, interest is added back to the principal sum so that interest…

Q: At what interest rate will money treble if compounded continuously for 18 years?

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Q: If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will…

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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 $2500 is invested at 3% compounded monthly, find the amount that results after a period of 2…

A: Given : Invested amount : $ 2500  Rate : 3 %  compounded monthly  Time : 2 years

Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 17…

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Q: What rate of interest compounded annually is required totriple an investment in 5 years?

A: Suppose the rate is  r at which the investment is triple in 5 years compounded annually.

Q: 2. How long will it take$5000 to grow to $20,000 if the investment earns interest at the rate of 6%…

A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

Q: Find the interest rate required for an investment of$5000 to grow to $7500 in 5 years if interest is…

A: Given the principle of investment (P) =$5000 , amount after 5 years (A)=$7500 and time duration…

Q: How long will it take $5000 to double if it is invested at 20% compounded quarterly?

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Q: Find the amount that results from the given investment. $300 invested at 6% compounded quarterly…

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Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

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Q: A 40-year-old consulting engineer wants to set up a retirement fund to be used starting at age 65.…

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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: Find the interest rate needed for an investment of $3,000 to grow to an amount of $4,000 in 9 years…

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Q: At what nominal rate compounded quarterly would $20,000 have to be invested to amount to $26,425.82…

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Q: If the present value of my investment is $1,000 and the rate of interest is 10% compounded annually,…

A: From the given information, present value of my investment is $1,000 that is P = 1000, the rate of…

Q: what rate of interest compounded annually is required to double an investment in 3 years?

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Q: How long will it take $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

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Q: If $11,500 is invested at 10% compounded quarterly, how much will this investment be worth in 3…

A: Let P be the amount invested , r be rate of interest compounded quarterly, n be number of periods in…

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: Find the time required for an investment of 5000 dollars to grow to 8000 dollars at an interest rate…

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Q: A principal of 5500 OMR is invested for 3 years. Find the interest rate required to produce a future…

A: The given principle is 5500 OMR and the future value is 6300 OMR. The time period is 3 years and the…

Q: How much should you invest now at 5% compounded quarterly to have $8000 in 4 years?

A: As in compound interest quarterly A = P1+rnnt

Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

Q: Francis wants to have 22000 in 10 years calculate how much he should invest now at 8% interest…

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Q: Find the amount that results from the given investment. $500 invested at 6​% compounded quarterly…

A: Given: Principal amount (P) = $ 500 Rate of interest (r) = 6 % = 0.06 Number of years (n) = 2 Time…

Q: Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 4 years:…

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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: find the interest rate needed for an investment of $5000 to grow to an amount of $7000 in 9 years if…

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Q: How long (in years and months) will it take for an investment to double at 3% compounded monthly?

A: If you like the solution then please give it a thumbs up.. The Answer is:     Result = 23.45  It…

Q: How long will it take $2,000 to grow to $24,000 if it is invested at 5% compounded monthly? years…

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Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

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Q: Find the amount that results from the given investment. $600 invested at 8% compounded quarterly…

A: Formula used:The future value formula:

Q: If $2500 is invested at an interest rate of 2.5% per year, compounded daily find the value of the…

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

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Q: Find the time required for an investment of $4000 to grow to $9000 at an interest rate of 6% per…

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