Suppose that $1600 is Invested at an interest rate of 4.25% per year, compounded continuously. After how many years will the Initial investment be doubled? Do not round any intermediate computations, and round your answer to the nearest hundredth. years

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Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

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Q: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

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Q: A certain loan program offers an interest rate of 4.5%, compounded continuously. Assuming no…

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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…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: Assume that a bond pays 114+ 8t, in year t from the present, for 10 years, and that its interest…

A: Here , we can find what is the total amount after 10 years by the eq. 114+8t. By putting t=1and then…

Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

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Q: Suppose that $1000 is invested at a 10% interest rate compounded quarterly. b) How many years will…

A: Solution:Giveninvestmentment Amount=$1000     r=0.01To find (a) What will investment be worth after…

Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

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Q: What amount must be invested now to have $12,000 after 3 years if money is worth 6% compounded…

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Q: If an investment of $7740 grows to $9635 in 6 years at continuously compounded interest, what is the…

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Q: Suppose $23,000 is invested in an account with an APR of 5.4%. a. If the interest is compounded…

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Q: If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will…

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Q: How many year will it take for a 2000$ investment to grow to 2500$ at an annual rate of 12%…

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Q: how many years will it take for an initial deposit of p dollars to double if interest is compounded…

A: Given,           The initial deposit is p dollars and the rate of interest is 3%.

Q: How long will it take for a $4000 investment to grow to $7444 at an annual rate of 7.6%, compounded…

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Q: Find the value of $30,000 invested for 4years at 15.3% interest if the compounding is done…

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Q: A certain loan program offers an interest rate of 6.5%, compounded continuously. Assuming no…

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Q: find the present value of $100,000 if interest is paid at a rate of 8% per year, compounded…

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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 invest $5000 and would like your investment to grow to $10,000 in eight years. What…

A: Given that the initial amount= P=5000 Final amount=A= 10000 Time=t= 8 years  n=number of times…

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Q: How long will it take $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

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Q: How much should be invested now at 7.45% compounded semiannually to have $39,000 in 20 years?

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Q: How many years are required for P1,000.00 to increase to P2,000.00 if invested at 9% per year…

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Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

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Q: If $20,000 is invested at a rate of 5% per year compounded continuously, find the value of the…

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Q: Suppose $11,400 is invested in a monthly compounded account at 4.98%. Approximately how long will it…

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Q: Suppose $16,000 is invested in an account with an APR of 4.7%. If the interest is compounded…

A: Given  Amount invested= $16,000 APR= 4.7%

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Q: A certain loan program offers an interest rate of 8%, compounded continuously. Assuming no payments…

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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: How much should be invested now at an interest rate of 6.5% per year, compounded continuously, to…

A: Let the amount be A invested with an rate of interest of r= 6.5% = 0.065

Q: Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 4 years:…

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Q: What present value P amounts to $280,000 if it is invested at 8%, compounded semiannually, for 16…

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Q: Suppose that a company needs new equipment, and that the machinery in question costs $100000 and…

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Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

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