If you invest $12,000 at 9% interest compounded continuously, what is the average amount in your account over one year? Round your answer to the nearest cent. O a. $12,556.57 O b. $12,748.63 O. $12,652.60 O d. $12,844.66 O e. $12,460.54

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given that: Amount A=$15500 Time, t=10 months, Rate of interest, r=2%

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

A:

Q: How much money should be invested in an account that earns 9% interest compounded quarterly to yield…

A: Given: FV=$10,000 t=4 yearsr=9%n=4 compounded quarterly Let the money invested is P…

Q: What annual deposit is necessary to have $14,000 in 9 years if all the money is deposited at 1.5%…

A: we have to find annual deposit. the soltion is following.

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A: Givenr=4%  t=10/12 yearr=0.04 ,   I=16500

Q: A perpetuity earning 4.00% compounded semi-annually is started with a $159,000.00 investment. How…

A:

Q: ...* ... .... ....... If you invest $50,000 at 5% interest compounded continuously, what is the…

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Q: Nadav invests $6,000 in an account that earns 5% interest compounded continuously. What is the total…

A:

Q: If $17,000 is invested in a savings account yielding 3% per year, compounded semiannually, how fast…

A:

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 6% per year, with yields reinvested…

A: Let P be the principal amount invested in $, r be the rate of interest, t be the time in years and n…

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given: r = 3/100 =0.03 A= 17500 t = 10/12  Note : If the time is given in terms of months, then we…

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

A: Given that the initial investment = P = $2000 Interest rate=r= 4.5%= 0.045  Number of times…

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: Find the accumulated value of an investment of $25,000 for 6 years at an interest rate of 6.5% if…

A: Amount invested is given as: P=$25,000 Rate of interest annually is given as 6.5% When compounded…

Q: Find the present value. Round to the nearest cent. To get $10,500 after 9 years at 7% compounded an…

A:

Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A:

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

A:

Q: What annual deposit is necessary to have $11,000 in 5 years if all the money is deposited at 1.5%…

A:

Q: If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Topic- compound interest

Q: A money market account of $800 eams 3.0% interest compounded quarterly. What is the equation? O A=…

A: Given: A money market account of $800 earns 3.0% interest compounded quarterly.

Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A: According to the question, we have

Q: Find the present value of $10,000 over a term of 6 years at an annual interest rate of 8% if…

A: Given

Q: If the interest is compounded quarterly the borrower owes (1+a/4 )^4 at the end of year Where a is…

A: We can answer the question as below

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

A: To calculate the value of the investment (where the interest is compounded) for different time…

Q: Suppose that you can invest money at 4% interest compounded monthly. How much should you invest in…

A:

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

A:

Q: What annual deposit is necessary to have $14,000 in 5 years if all the money is deposited at 1.5%…

A: To find the annual deposit

Q: Solve the problem. How much money should be deposited today in an account that earns 6% compounded…

A:

Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Here the given  Principle amount P=$20,000 And the interest rate r=2%=0.02 and n=number of…

Q: If $10,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value…

A:

Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A: Given that: Yield is being reinvested quarterly, hence its quarterly compounding

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given:

Q: If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Principal amount, P = $10,000 Rate of interest, r = 2%                              = 2100  = 0.02…

Q: If $17,000 is invested in a savings account yielding 3% per year, compounded semiannually, how fast…

A: Consider the formula for the compound interest is, A=P01+rnnt Since, the interest is compounded…

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A:

Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 5% per year, with yields reinvested…

A: Present Value = $10,000 r=5%=0.05t=7 yearsn=4  compounded quarterly   Formula used: FV=PV1+rnnt

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Investment

Q: If you invest $15,000 at 10% interest compounded continuously, what is the average amount in your…

A: This question is about continuous compounding

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: Find the amount that results from the investment. Round the answer to the nearest cent $480 invested…

A:

Q: If $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

A: So in this problem we are going to use standard formula for calculating the final compounded money…

Q: . Calculate, to the nearest 0.1%, what annual interest rate would be required if you invested $6,000…

A: Option D is correct answer : Proof is given below :

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

A:

Q: Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 5.5% if…

A:

Q: If you invest $10,000 at 10% interest compounded continuously, what is the average amount in your…

A:

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given: Future value, A=$14,500 Annual simple interest, r=2% Time, t=10 months To find: Present…

Q: If you invest $50,000 at 10% interest compounded continuously, what is the average amount in your…

A: Given- Invested amount (P)=$50,000 rate of interest (r)=10% Time(t)=1 year To find the average…

Q: How much money should be invested monthly at 7% per year, compounded monthly, in order to have…

A: Solution:Given    FV=$9000, r=0.07  n=12 t=12 months=1 yearTo find :P=?Formula:FV=P 1+rnnt

Q: If the interest is compounded quarterly the borrower owes (1+a/4 )^4 at the end of year Where a is…

A: