Savannah is going to invest $220 and leave it in an account for 12 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Savannah to end up with $430?

Q: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

A: For compounded continuously  A=Pertr = ln(AP)t   Here,  A=$600P=$270t=20

Q: you invest $7,500 in an account paying 8.35% compounded continuously, how much money will be in the…

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Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A: Given

Q: To the nearest penny, how much would you have to invest right now in a fund paying 5% continuously…

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Q: If I want to grow an investment to $20,000 to have as a down payment, how much does the Initial…

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Q: If I invest $25,000 in a savings account with a 5.75% interest rate which is compounded…

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Q: Serenity is going to invest $130 and leave it in an account for 19 years. Assuming the interest is…

A: Just use the formula for the compound interest and simplify.

Q: How long will it take an investment of $4000 to grow to $10000 if it is invested in an account that…

A: Topic = Algebra   A=P1+rnntA=Final amountP=Principalr=rate of interestn=1 for anuallyt=time

Q: Dylan is going to invest in an account paying an interest rate of 4.1% compounded continuously. How…

A: topic - exponents

Q: how long will it take an investment of $300 to triple, if the interest rate is 9.5% per year…

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Q: An investment of $10,000 compounded continuously for 30 years at 10% will be worth.

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Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: To find the amount owe in 5 years if compounding continuously :

Q: How long will it take for an investment to at least double its original amount if it is growing at…

A: Let P be the initial investment and t represents the time that the investment becomes double.  Given…

Q: Taylor invested $11,000 in an account paying an interest rate of 3.5% compounded continuously.…

A: We will find out the required value.

Q: Melanie invested $9,800 in an account paying an interest rate of 4 1/2​% compounded quarterly.…

A: Follow the procedure given below.

Q: A survey estimates the current average cost of college to be $33,245per year.   ​(a) If the average…

A:

Q: Joshua is going to invest $680 and leave it in an account for 19 years. Assuming to interest is…

A:

Q: An artist currently has $840,000 to invest and her goal is to use these resources to acquire a $1.5…

A: From the given information, it is observed that P = $840,000, t = 6 and A = $1,500,000. Here, the…

Q: One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on…

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Q: Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is…

A:

Q: How many years will it take $1,000 to grow to $1,900 if it is invested at 3.50% compounded…

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Q: If an investment has an interest rate of 3.75%, compare the amount of time it will take for the…

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

A: The final amount when it is compounded continuously is given by  A=P0ert Where r = interest rate…

Q: Camden is going to invest $600 and leave it in an account for 12 years. Assuming the interest is…

A: Solve for the rate of interest

Q: Peyton is going to invest $71,000 and leave it in an account for 18 years. Assuming the interest is…

A:

Q: Suppose you invest $1200 at an annual interest rate of 2.3% compounded continuously. How much will…

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Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

A:

Q: If money is worth 7% compounded continuously, find the equated time for paying a loan of P 200,050…

A: Given: Rate of interest, r = 7% Loan amount due in 2 years, A1 = P200,050 Loan amount due in 4…

Q: If $4000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest…

A: NOTE: Refresh your page if you can't see any equations. . here we have,  P=4000 r=7.5%=0.075 t=4…

Q: Questlon 1 Given an interest rate of 7.2% per year, compounded continuously. What is the quarterly…

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Q: How long, to the nearest hundredth of a year, would it take an initial principal P to triple if it…

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Q: Sarah is going to invest $280 and leave it in an account for 9 years. Assuming the interest is…

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Q: If P5,000 is invested now at an interest rate of 9% compounded continuously, how much would be at…

A: As per our guidelines, we are allowed to answer first question only. Thanks   Amount to be invested…

Q: Suppose you have $3000 to invest. Which investment yields the greater return over 10 years: 6.5%…

A: Let's consider the given scenarios:                          When the interest is compounded…

Q: Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is…

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Q: Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is…

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Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Carter is going to invest $79,000 and leave it in an account for 12 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: Mariah is investing $40,000 in a bond that pays 2.3% interest compounded continuously. How much will…

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Q: How much was invested into Ed's account that was continuously compounded at 3.9% interest for 15…

A: Compound Interest :  When the interest charged after a certain specified time period is added to…

Q: Adrian is going to invest $9,900 and leave it in an account for 10 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

Q: If 2000 dollars is invested in a bank account at an interest rate of 9 per cent per year, compounded…

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Q: A recent college graduate decides to open a credit card in order to pay for their upcoming trip…

A:

Q: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

Q: Kinsey has invested $28,000 into an account that pays 9% compounded continuously. How long will it…

A:

Q: Lucy invested $30,000 in an account paying an interest rate of 6.6% compounded continuously.…

A: given that principle amount invested is p=$30000rule of interest, r=6.6%=0.066time period, t=9 years

Q: Joshua is going to invest $490 and leave it in an account for 5 years. Assuming the interest is…

A: Solution:-