Money is transferred continuously into an account at the constant rate of $800 per year. The account earns interest at the annual rate of 20% compounded continuously How much wil be in the account at the end of 5 years?

Q: A woman invests $5800 in an account that pays 6% interest per year, compounded continuously. (a)…

A: Given principal (P)=$5800 interest rate=6%=0.06 to find the amount at time in (a) and (b)

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A: a) Given: The principal amount is, P1=$8,200. The annual rate of interest is, r=16%=0.16. The…

Q: An investment offers 5% interest compounded continuously. What is the amount of interest earned in…

A: P be the principal, r be the rate of interest, A be the amount after time t years

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A: We will use the formula to find the compound interest .

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A: We need to find the amount received after 20 years.

Q: You deposit $4000 in an account earning 5% interest compounded continuously. How much will you have…

A:

Q: A) Find the time it takes for $9,500 to double when invested at an annual interest rate of 7%,…

A: principle P$9,500   annual interest rate of 7%, compounded time take to double amount?  B.…

Q: Assume that there are no deposits or withdrawals. An initial investment of $7,000 earns 8.9%…

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Q: An initial investment of $2,000 earns 3% interest, compounded continuously. What will the investment…

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Q: Mr. Belvedere hopes to purchase a new home for $200,000. His savings account accrues interest at 5%…

A: Given Use formula

Q: Find the compound amount and compound interest if​$4000 is invested for five years and interest is…

A:

Q: You deposit $6000 in an account earning 5% interest compounded continuously. How much will you have…

A: Continuously compounded interest means that your principal is constantly earning interest and the…

Q: Find the time it takes for $7,500 to double when invested at an annual interest rate of 7%,…

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

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Q: Investing. How many years will it take $10,000 to grow to $18,800 if it is invested at 9% (A)…

A: Both the answers are given below

Q: Find the doubling time of an investment earning 6% interest if interest is compounded continuously.…

A: Given query is to find the time to double the investment, if compounded continuously.

Q: You deposit $2000 in an account earning 5% interest compounded continuously. How much will you have…

A:

Q: 8000 dollars is invested in a bank account at an interest rate of 7 percent per year, compounded…

A: 8000 dollars invested at the rate of 7% every year compounded continuously. Formula for continuous…

Q: 9. How long does it take for Mary to deposit $100 to an annual interest rate of 3%, compound…

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Q: To illustrate the "miracle" of compound interest, Person A bequeathed $4000 to City A in 1790. The…

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Q: Find the time it takes for $5,900 to double when invested at an annual interest rate of 18%,…

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Q: You deposit $6000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: Find the time it takes for $6,600 to double when invested at an annual interest rate of 10%,…

A: Given, Principal = p = $ 6600 Amount = A = 2p = $ 13200  Rate of interest = r = 10% compounded…

Q: A deposit of $4000 is made in an account that earns interest at an annual rate of 7.5%. Determine…

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Q: How much time does it take for a $9,800 investment to grow to $13,800 in an account compounded…

A:

Q: How much money needs to be invested now to obtain $2000 in 3 years if the interest rate in a savings…

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

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Q: An initial deposit of $25,000 earns 1.25% interested and is left in the account for 15 years. How…

A:

Q: investor bought stock for ​$20,000. Fourteen years​ later, the stock was sold for ​$30,000. If…

A: Given query is to find the rate of interest.

Q: Find the time it takes for $9,800 to double when invested at an annual interest rate of 18%,…

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Q: Find the time it takes for $5,200 to double when invested at an annual interest rate of 2%,…

A:

Q: Find the time it takes for $5,100 to double when invested at an annual interest rate of 1%,…

A: Topic:- compound interest

Q: Find the compound amount and compound interest if ​$3500 is invested for sixyears and interest is…

A: Use formula to calculate

Q: Example 11: How long will it take for the amount in an account to double if the money is compounded…

A: The continuous compounding rule is given by,

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A:

Q: a) how long will it take an investment to double in value if the interest rate is 6% compounded…

A: Given that the investment has doubled. ie., A(t) = 2A(0)  ....(1) Interest rate is 6%

Q: How long will it take for an investment to​ triple, if interest is compounded continuously at 6​%?…

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

A: For continuously compounded interest A=Pert where, A= Amountr= rate of interestt=time in year

Q: A) Find the time it takes for $9,200 to double when invested at an annual interest rate of 16%,…

A: It is some interest problem.

Q: How do I solve these?

A: a) It is given that, a deposit of $525 in an account that earns an annual rate of 4%.The time it…

Q: Find the time it takes for $7,800 to double when invested at an annual interest rate of 12%,…

A: If you like the solution then please give it a thumbs up... The Answer is:       1.      t = 5.77…

Q: You deposit $6000 in an account earning 7% interest compounded continuously. How much will you have…

A: We have to find the compound intrest for the money deposited in Bank

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

A: given(1st plan)P=$60000, R=4%,n=6yearsfor compounded quaterlyA=P(1+R4x100)4n A=60000(1+44x100)4x6…

Q: An investor bought stock for $20,000. Fourteen years later, the stock was sold for $30,000. If…

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Q: You deposit $4000 in an account earning 8% interest compounded continuously. How much will you have…

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Q: Find the time it takes for $7,700 to double when invested at an annual interest rate of 18%,…

A: for the continuous compound, the doubling time is given by

Q: years

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Q: Starting at age 30, you deposit $2000 a year into an IRA account for re stream. If money in the…

A: Given that Starting at age 30, you deposit $2000 a year into an IRA account for retirement. Treat…

Q: Find the compound amount and compound interest if ​$3500 is invested for sixyears and interest is…

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