MATH • ADVANCED-MATH Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6 years?

Q: solve and show work You invest $350 in an account at 8% interest Compounded for 5 years, How much…

A: Let's find money in account at the end of the 5th year.

Q: Sean invests $2000 at 6% compounded quarterly for three years. Find the amount of the investment at…

A: Principal, P = $2000Rate = 6%Time = 3 yearsSo, Rate = 64 = 1.5% annuallyTime, T = 3x4 = 12 years

Q: Cynthia invested $12,000 in a savings account. If the interest rate is 6%, how much will be in the…

A: Solution:-

Q: You have decided to buy a new plasma TV. To do so, you must use your credit card to pay $1500 of the…

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Q: How many years will P 100,000 earn a compounded interest of P 50,000 if interest is 9% compounded…

A:

Q: Find the time required for an investment of 5000 dollars to grow to 8700 dollars at an interest rate…

A: To find  The time required in years when the interest is compounded quarterly

Q: You deposit $1580 in a savings account that offers a rate of 5% compounded annually. a.) Find the…

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Q: Winnie is saving money to buy a honey farm. He invests $7000 at an interest rate of 3.2% per annum,…

A: Given Information -  Investment = $7,000 Interest rate = 3.2% Time period = 5 years. Interest is…

Q: Finance. Suppose that $5,300 is invested at 3.7% annual interest rate, compounded monthly. How much…

A: Here is the solution of the given problem. Compound interest:

Q: a savings account that earns 10 % interest per year. The interest

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Q: Devra invested US dollars (USD) in an account that pays a nominal annual interest rate of 3.1 %,…

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Q: 65. Investment How much money should be invested every quarter at 12% per year, compounded…

A: Given: Here annuity amount is Af=$10,000 We have an interest is given quarterly so the interest…

Q: A 529 Plan is a college-savings plan that allows relatives to invest money to pay for a child's…

A: Amount in the Account=Amount invested∗(1+r⁄n)∧(n*t) Amt after 20 years=$46000

Q: A famous painting was sold in 1945 for $21,370. In 1991 the painting was sold for $32.7 million.…

A: A famous painting was sold in 1945 for $21,370. In 1991 the painting was sold for $32,700,000. We…

Q: You deposit $400 in an account that pays 2.4% annual interest compounded monthly. a. When does your…

A: The formula for compound interest is  A=P1+rnnt where A is the amount, P is the principle amount, r…

Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

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Q: Sally has $8,223 in a savings account. The interest rate is 10%, compounded annually. To the…

A: We have to find interest

Q: You deposit sh. 250,000 in an account that pays 10% interest per annum, compounded continuously.…

A: Given, The amount deposited in an account = 250,000  The rate of interest = 10 % per annum…

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

A:

Q: You deposit  $17000 in a bank that its interest rate is 8%  annual interest compounded quarterly…

A: Given that, P= 17000 r = 8% Snnndndnssndnndndd

Q: $850 at ​6% compounded daily for 16 years The final value is what

A:

Q: 4. compounding at 5% interest. If you invest P8,000 now, how much interest income will you earn if…

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Q: Finance. Suppose that $6,000 is invested at 5.2% annual interest rate, compounded monthly. How much…

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Q: nt Use the formula A P(1+ )" to find the total amount of money accumulated for an initial investment…

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Q: Investing Find in how many years $40,000 investedat 10%, compounded annually, will grow…

A: By using compound interest To find the time period A = P1+r100t CI = A-P Where,CI = Compounded…

Q: At age 20, Mike inherited $100,000 from his grand parents.  Then he invested the money in a bank…

A: We will find the account balance

Q: A 529 Plan is a college-savings plan that allows relatives to invest money to pay for a child's…

A: The account to grow to $36,000 over 19 years.earn 2% compounded quartely

Q: Microsoft's stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose…

A: We know that, when compounded annually Amount A = P ( 1+r/100) t Given that Amount =1200000…

Q: At age 20, you start an IRA to save for retirement. You deposit $65 at the end of each month. If you…

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Q: Jerry is contemplating the purchase of 100100 shares of a stock selling for $ 23$23 per share. The…

A: Given:

Q: Find the time required for an investment of 5000 dollars to grow to 7200 dollars at an interest rate…

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Q: f $9,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

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Q: Find the original investment in an account if the final amount of money is $8296. It was invested in…

A: Given amount=$8296

Q: Larry purchased a certificate of deposit for $1500. The interest rate is 2%, compounded monthly, and…

A: Given  Larry purchased a certificate of deposit for $1500. The interest rate is 2%, compounded…

Q: Finance Suppose that $2,000 is invested at 4.6% annual interest rate, compounded monthly. How much…

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Q: Finance. Suppose that $7,500 is invested at 4.2% annual interest rate, compounded monthly. How much…

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Q: Burwell Bank is offering to double your money! They say that if you invest with them at 8% interest…

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Q: Hugo has $10 in a savings account. The interest rate is 5%, compounded annually. To the nearest…

A: Given,  Principal = p = $ 10. Interest rate = r =  5%, compounded annually. Time period = t = 3…

Q: 5) $5.000 is invested at 6% for 10 years. Find the amount of interest earned if interest is…

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Q: You invest $16000 that earns 4% compounded quarterly. What's the future value of the investment if…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=16000 t=8 years r=4%=0.04…

Q: Barbara put P100 into banks savings account. The account accrues a 9% interest rate compounded…

A: Given: Amount =P100 . Rate of interest= 9%  Time n= 12 years

Q: Microsoft's stock price peaked at 6118% of its IPO price more than 13 years after the IPOT Suppose…

A: To determine equivalent rate of compound interest.

Q: Lydia invests $1,100 in an account that earns interest at an annual rate of 5.5% compounded monthly.…

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Q: You deposit $1000 in an account that pays 6% annual interest. Find how long it will take for the…

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Q: Josiah deposits $440 in an account the earns 5.8% interest compounded annually. How much will be in…

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Q: Videotech specializes in online security software development. It wants to have $94 million…

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Q: College Tuition The Toshes need to have $80,000 in12 years for their son’s college tuition. What…

A: let P dollars are invested for t years at annual rate r, where interest is compounded k times per…

Q: Finance: Suppose that $6,400 is invested at 3.7% annual interest rate, compounded monthly. How much…

A: $6,400 is invested at 3.7% annual interest rate, compounded monthly.

Q: Calculate the total interest when 10,000 is put in a bank that offer an annual interest of 6%…

A:

Q: You deposit $400 in an account that pays 2.4% annual interest compounded monthly. a. When does your…

A:

Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.