The AMD investment company has advertised a new Mutual Fund  that has advertised to pay 10 % compounded continuously. Bob  invested $ 8,500 in the Mutual Fund, but was disappointed to receive  only $ 12,500 at the end of five (5) years.   What was the actual rate at which the fund was continuously  compounding?

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Q: Jenny is planning to deposit P17,000.00 Quezon Metropolitan Bank is offering 7.5% compounded…

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Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

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A: It is given that p=21000, A=35000, t=18

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A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

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A: topic - exponential function

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A: To find which investment is better

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A: Given P = $3000r = 5% = 0.05t=21n=12A=P1+rnnt

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A: Consider the given values present value PV, future value FV and time t. FV=RO 2078PV=RO 78t=20…

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A: Use compounded continuously formula

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A: The answer is found in step-2

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A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

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A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

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Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

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Q: (a) How long does it take for an investment to double invalue if it is invested at 8% compounded…

A: a). Given, r=8%=0.08,  n=12 Let P be the principal amount. Now, A=P1+rnn·t⇒2P=P1+0.081212t   ∵Double…

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Q: When I was considering what to do with my $8,000 Lottery winnings, my broker suggested I invest half…

A: Total amount to be invested is 8000 Half of the amount invested in Gold Invested in Gold = 4000 rate…

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Q: If the bank advertises its rate as 6.2% compounded monthly, and another bank advertises its rate as…

A: Given: One bank advertises its rate as 6.2% compounded monthly and another bank advertises its rate…

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Q: you deposit $500 in an investment with an APR of 6% and continuous compounding, the balance after…

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Q: A person wants to deposit $30,000 per year for 15 years. If interest is eamed at the rate of 16% per…

A: Given information: P=30,000 T=15 year R=16% Consider P is the principle, T is the time, R is the…

Q: 4. How many years (to the nearest tenth) will it take for a $1500 investment to double with an…

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Q: At the end of t​ years, the future value of an investment of ​$40,000 at 7​%, compounded​ annually,…

A: I am going to solve the given problem by using some simple algebra to get the required result.

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Q: If R8500 is invested in a saving account offering 5.4% per year, compounded semi-annually, the rate…

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Q: If 23200 dollars is invested at an interest rate of 7 percent per year, find the value of the…

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Q: (a) How long does it take for an investment to triple invalue if it is invested at 6% compounded…

A: (a). When interest is compounded periodically then formula for amount is given as: A=P1+rnnt, where…

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A: We can find pmt using Excel .

Q: When I was considering what to do with the $15,000 proceeds from my sale of technology stock, my…

A: Given: The half of the amount of $15000 invested at a rate of 8.5% per year and other half is…

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A: Given query is to find the investment amount so that the future value will be 10000