Suppose you deposit $4000 at 7% interest compounded continuously. Find the average value of your account during the first 3 years.

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

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

Q: If $800 is invested at 4% compounded quarterly, what is the interest earned after: a) 6 years…

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Q: What is the value of a $200 investment which earns continuous compound interest of 2.5% annually for…

A: It is given that the initial principal balance is $200 and the rate of interest of 2.5% annually.…

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: ...* ... .... ....... If you invest $50,000 at 5% interest compounded continuously, what is the…

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Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

Q: If you need $20,000 in your bank account in 6 years, how much must be deposited now? The interest…

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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: Find the present value of amount. $7300 if interest is 5% compounded continuously for 3 years

A: Given, $7300 if interest is 5% compounded continuously for 3 years We use the formula A=Pert

Q: In 19 years, Anthony Oaks is to receive $300,000 under the terms of a trust established by his…

A: It is given that, the time period is t=19 years,  Future Value (FV)=$300,000 rate of return…

Q: Find the amount that results from each investment. $600 invested at 5% compounded daily after a…

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

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: Find the amount that results from the given investment. $300 after 3 years invested at 9% compounded…

A: Compound interest:In compound interest, interest is added back to the principal sum so that interest…

Q: What rate of interest compounded annually is required to triple an investment in 10 years

A: Compound interest formula: A=P 1+rnnt. Given that rate of interest compounded annually is required…

Q: If you invest $25,000 at 5% interest compounded continuously, what is the average amount in your…

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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: Find the present value that will grow to $29,000 if interest is 9% compounded quarterly for 16…

A: Compound interest formula

Q: A building was bought for $150,000 and sold 10 years later for $400,000. What interest rate…

A: given: A building was bought for $150,000 and sold 10 years later for $400,000. we have to determine…

Q: If Hannah places $ 4500 into an account earning 7.25% interest compounded continuously, how much…

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Q: If Hannah places $ 5500 into an account earning 6% interest compounded continuously, how much will…

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Q: What interest will be earned if $6600 is invested for 2 years at 10% compounded monthly?

A: Given: The principal amount is $6600. The time duration is 2 years. The rate of interest is 10%…

Q: Find the amount that results from the given investment. $300 invested at 6% compounded quarterly…

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Q: If real estate in a certain city appreciates at the yearly rate of 15% compounded continuously, when…

A: The question mentions that the value of the real estate in a certain city appreciates at a rate…

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

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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: no given value so i was thinking of doing 1000? =3p a little confused

A: Take the present value as P, so the future value will become 3P. A(t) = P[1+r/n]nt P= present value…

Q: $200 invested at 2​% compounded quarterly after a period of 4 years

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Q: what rate of interest compounded annually is required to double an investment in 3 years?

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Q: Find the present value that will grow to ​$22,000 if interest is 8​% compounded quarterly for 12…

A: We have to find

Q: Find the amount that results from each investment. $300 invested at 12% compounded monthly after a…

A:

Q: If you invest $15,000 at 10% interest compounded continuously, what is the average amount in your…

A: This question is about continuous compounding

Q: Suppose $9500 is invested at 6% interest, compounded annually.  Approximately how long will it take…

A: Given Principal =$9500  rate =6% compounded annually Amount = $12,000

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=?

Q: Find the present value that will grow to ​$24,000 if interest is 5​% compounded quarterly for 13…

A: Find the present value that will grow to ​$24,000 if interest is 5% compounded quarterly for 13…

Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

Q: How much is in an account after 10 years if $1000 is invested at an interest rate of 2.4%/year…

A: (a)Given:

Q: Find the amount that results from each investment. $700 invested at 6% compounded daily after a…

A: Given: Find the amount that results from each investment.$700 invested at 6% compounded daily after…

Q: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

A: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

Q: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

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: Find the amount that results from the given investment. $500 invested at 6​% compounded quarterly…

A: Given: Principal amount (P) = $ 500 Rate of interest (r) = 6 % = 0.06 Number of years (n) = 2 Time…

Q: If you invest $10,000 at 10% interest compounded continuously, what is the average amount in your…

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Q: What will a $90,000 house cost 4 years from now if the price appreciation for homes over that period…

A:

Q: If $100 is invested at 8% compounded monthly what is the amount after 6 years? how much interest is…

A: amount = P (1+r/n)nt Interest = amount - Principal

Q: find the interest rate needed for an investment of $5000 to grow to an amount of $7000 in 9 years if…

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Q: Ben franklin bequeathed $4000.00 to the city of Boston in 1790. Assuming the fund grew to $15…

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Q: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period

Q: A philanthropist deposits $50,000 into a trust fund that pays 4.5%, compounded continuously. The…

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