ow come it changes to 0.34 from 0.66
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- Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25 interest,compounded continuously. How much will theaccount be warm after 25 years?An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000 Compare the values of the account after 9 yearswhen the interest is compounded annually, quarterly,monthly, and continuously.The fox population in a certain region has an annualgrowth rate of 9 per year. In the year 2012, therewere 23,900 fox counted in the area. What is the foxpopulation predicted to be in the year 2020 ?
- A small business owner has decided to invest some of the business profits to save for retirement. The phototgrapher plans to invest in a continuously compounded savings with an annual intrest rate of 4.7%. If the photographer wants to have a total account balance of 40,000 after 20 years, what prinicpal amount must initially be invested? $43,125, $51,483.45, $51,618.28, or $56,118.28?Suppose you deposit 3 000 at a 6% interest compounded continuously. What will the Average value of your account during the first 3 years be?An initial amount of $1200 is invested in an account at an interest rate of 4% per year, compounded continuously. Assuming that no withdrawals are made, find the amount in the account after five years. Do not round any intermediate computations, and round your answer to the nearest cent.
- An account pays interest at a continuous compounded rate of 0.05 per year. Continuous deposits are made to the account at a rate of 1000 per year for 6 years, and then at a rate 2000 per year for the next 4 years. What is the balance at the end of 10 years?The number of cases within 3 days due to coronavirus is as follows: 21 May 2020: 961 New Case 22 May 2020: 952 New Case 23 May 2020: 1186 New Case 1a) Calculate the growth rate according to this information and express this variable as X = Aert. 2a) Using the answer 1a, Make a prediction for the previous and next day of the end date you use in your calculations.On the day of a child's birth, a deposit of $35,000 is made in a trust fund that pays 3% interest, compounded continuously. Determine the balance in this account on the child's 27th birthday. (Round your answer to two decimal places.)
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