julie places a continuous stream of $5,000 per year into a savings account which has a continuously compounding interest rate of 1.1%. What will be the value of this continuous stream after 20 years?Round your answer to the nearest integer. Do not include a dollar sign or commas in your answer.

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: Todd42 and Ricardo41 are each investing $9,500.00 in certificates of deposit (CDs) that mature in 4…

A: A.  n = 4 r= 0.0779 t = 4 years P = $9500.00 A = P(1+rn)nt A = 9500(1+0.07794)4×4A = 9500(1.02)16 A…

Q: Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be…

A: Given that, Annual Amount=$31 Annual rate of interest=5.7% r=0.057 Time (T) = 2015-1626 T=389 years…

Q: f you invest $9,000 in an account that earns an APR of 3% simple interest, what will be the account…

A: for simple interest  P = $ 9000 r = 3% = 0.03 t = 10 years

Q: In the year 1977 a new house was appraised at $182000. According to the CPI data, how much should a…

A: Given that, In the year 1977 a new house was appraised at $182000.

Q: The Fogler family deposits $8,500 into a savings account that yields 6.75% interest compounded…

A: The explanation of answer as follows :-

Q: How much interest will you earn if you invest $5100 for 4 years at a simple interest rate of 6%…

A:

Q: A 25-year-old places a continuous stream of $4,000 per year into a retirement account which has a…

A: Given that a 25-year-old places a continuous stream of $4,000 per year into a retirement account…

Q: The........................................ is the equivalent annual simple interest rate that would…

A: Solution:GivenThe........................................ is the equivalent annual simple interest…

Q: How much interest will you earn if you invest $800 for 3 years at a simple interest rate of 7%…

A: Principal Amount, P = $800 Time, t=3 yrs simple interest rate, r=7%=0.07 To evaluate : The interest…

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A:

Q: you invest 5,000 in an account that earns an apr of 3 percent with quarterly compounding what will…

A: Principal amount = P = 5000

Q: Shemp has inherited $50,000 from a recently deceased long-lost aunt. He invests his newfound money…

A:

Q: Jon's grandfather was planning to give him $12,000 in 10 years. Jon has convinced his grandfather to…

A:

Q: In 17 years, Selena Willow is to receive $300,000 under the terms of a trust established by her…

A: Recall that the compounded continuous formula:A=Pertwhere A= Accumulated amount, P=present value,…

Q: ecide at what rate compounded monthly will 800 become 4200 for 1

A: Introduction: Compound interest is interest that is compounded at regular intervals on both…

Q: Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be…

A: time period t = 2020-1626 t = 394 years p = $40 compounded quarterly n= 4 Formula of CI: A=P(1+rn)nt

Q: A famous painting was sold in 1946 for $21,400, In 1991 the painting was sold for $31.2 million,…

A:

Q: A savings account starts with $231.25. After 8 years of continuous compounding at an interest rate,…

A: Here we find the interest rate for given problem.

Q: What is the APY for money invested at each​ rate? ​(A) 66​%compounded quarterly ​(B) 44​%compounded…

A:

Q: Rock Solid Bank & Trust is offering a CD that pays 5% compounded continuously. How much interest…

A: Initial amount = P= 1000 Interest rate = r =5%=0.05   time=t= 12 years Final amount = A =? Then we…

Q: You want to invest $2500 in an account to save for college. Account 1 pays 6% annual interest…

A:

Q: Complete the table for a savings account in which interest is compounded continuously. (Round your…

A: Given that P = $250, A = $335.21, t = 14 yrs.

Q: Mhat amount of money should be deposited today into an account that will earn 6.5% interest,…

A:

Q: Sarge invested $10,000 per year in his RRSP each year for 20 years. If interest is 496 compounded…

A: Given problem:- Sarge invested $10,000 per year in his RRSP each year for 20 years. If interest is…

Q: A 55-year-old places a continuous stream of $10,000 per year into a retirement account which has a…

A: Compound interest formula:

Q: For 10 years, a growing company invests a continuous stream of $10,000 per year into an account…

A: Topic- compound interest

Q: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

A: If you make an investment of $2000 and the investment earns a continuous annual interest rate of…

Q: 4 years ago, Dillon won some money in the lottery and put it in a bank account that earns 2%…

A: Amount after 4 years (compounded continuously);P(t)=P0 ertP(4)=5000r=0.02t=4P(4)=P0 e0.02*45000 =P0…

Q: Nathan invested $80,000 in an account paying an interest rate of 6% compounded continuously.…

A: The formula for the amount if the interest is compounded continuously is  P = P0ert where Pis the…

Q: Billy starts a new savings account with $4,000. How much money does Billy’s account have if it gains…

A: Find the amount after 5 years with different term

Q: When Justine is 10, her grandparents begin placing a continuous stream of $1, 500 per year into a…

A: When Justine is 10, her grandparents begin placing a continuous stream of $1500 per year. P =1500…

Q: How much money should be deposited today in an account that earns 3% compounded semiannually so that…

A:

Q: Find the time required for an investment of 5000 dollars to grow to 6200 dollars at an interest rate…

A:

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

A:

Q: Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be…

A:

Q: A 25-year-old places a continuous stream of $4,000 per year into a retirement account which has a…

A: We have P=$4,000   r =1.5%=1.5100=0.015t=65-25 =40 yrsn=1stream at 65 years  is…

Q: You invested $7,500 in a stock whose value is depreciating by 9% per year, compounded annually.…

A:

Q: t what monthly compounded interest rate does it take five years for an investment to quadruple?

A: Compound interest formula is given by    A = P(1+rn)nt           where P = principal…

Q: Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest…

A: For the following problem,

Q: Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25…

A: We can make it easier for you

Q: How long would it take to double your money in an account paying 6% compounded quarterly?…

A: Use the following formula to calculate amount, as follows: A=P1+r100n

Q: You invest your life savings into an account with continuously compounded interest, and you find…

A: Investment is according to continuously compounded interest. Principle amount (invested)= P0 Amount…

Q: An investor currently has P10,000 and plans to invest it an account occurring 2% quarterly. How long…

A: Topic = Algebra

Q: Complete the table for a savings account in which interest is compounded continuously. (Round your…

A: Let the interest rate = r Given initial amount= P= 350  Time = t = 10 years  Final amount = A=…

Q: A 35-year-old places a continuous stream of $5,000 per year into a retirement account which has a…

A:

Q: Ellis Autotrol, Inc. plans to install an ecofriendly energy recovery system that will cost an…

A:

Q: FlybynightSavings.com is offering a savings account that pays 32% compounded continuously. How much…

A: given:

Q: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years, there is…

A:

Q: An emplyee wants to invest 60,000 in a pension plan. One investment offers 4% compounded quarterly.…

A: We have to find total of 60000 investment at 4% compounded quarterly for 4 years. P=60000, r=4%=…

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.