Use the continuous compound interest formula to find the indicated value. A = $16,346; P = $10,100; t= 72 months; r= ? r= (Round to three decimal places as needed.)

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A: Given query is to find rate of interest. The formula to calculate interest is I=PRT100 where P is…

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A: Given: To find the amount A in an account after t years with principal P and an annual interest rate…

Q: Use the given information to find the amount A in the account earning compound interest after 6…

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Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

A: Explanation: Given that,  P=$1000t=10yearsr=5%=0.05     Formula used: A=Pert

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Q: Use the future value formula to find the indicated value. FV = $4512; n= 15; i = 0.08; PMT = ? PMT =…

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Q: A loan of $29,000 is made at 8.25% interest, compounded annually. After how many years will the…

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Q: Use the compound interest formula to find the present value P, for the following given values.…

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Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your annual return?

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Q: An account is compounded monthly for 5 years with an APR of 9%. For the principle amount of $15,000.…

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Q: Use the continuous compound interest formula to find the indicated value. A=$20,410; P=$14,000;…

A: A=$20,410; P=$14,000; t=60 monthsr=?

Q: use the formula A = Pert to find the total amount of money accumulated at the end of the indicated…

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Q: Use the continuous compound interest formula to find the indicated value. A=$8,000; r=9.65%; t=6…

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Q: If you paid $90 to a loan company for the use of $1,252 for 120 days, what annual rate of interest…

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Q: A loan of $27,000 is made at 8.25% interest, compounded annually. After how many years will the…

A: A=P1+rtP is the initial amountA is the amount after t years.r is the rate of interest

Q: A loan of $24,000 is made at 3.75% interest, compounded annually. After how many years will the…

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Q: Use the continuous compound interest formula to find the indicated value. A= $6,800 r=9.83% t=11…

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Q: Use the continuous compound interest formula to find the indicated value. A=$18,543; P=$10,500; t=72…

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Q: Use the continuous compound interest formula to find the indicated value. A= $6,800 r= 9.83% t=11…

A:

Q: This formula gives the balance_______, , in an account with principal ______and annual interest…

A: We have to complete the given statement, "This formula gives the balance_______, , in an account…

Q: At what annual (simple interest) rate did the population of some county increase from 1970 to 2000?…

A: Given that,

Q: O $30,000 is invested at 6% interest compounded quarterly, Using the formula A= P(1+)nt determine…

A: A=31500$

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A: Use formula of compound interest

Q: Use the compound interest formula A = P(1 +r)t and the given information to solve for r. A = $2300,…

A: We are given A = $2300, P = $1800, t = 3 to find  value of r (as percentage) using formula…

Q: Find the effective rate when the stated rate is 3% and the interest is compounded semiannually. O…

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Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

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Q: Use the continuous compound interest formula to find the indicated value. P = $6,000; r = 5.71%; t =…

A: SOLUTION-

Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

A: Given query is to find the amount after indicated time.

Q: Use the future value formula to find the indicated value. FV = $3548; n = 8; i = 0.08; PMT = ? PMT =…

A:

Q: A loan of $23,000 is made at 5% interest, compounded annually. After how many years will the amount…

A: Proceed as shown below

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A: To solve the following problem when compounded anually.

Q: Find the accumulated amount after 6 years if $1,000 is invested at 10% per year, compounded: (Round…

A: By using formulaes we solve the given problem as follows :

Q: evaluate the compound interest formula I=P(1+r/n)nt using the given values of the variables. Round…

A: P=$1,115 , r=0.036 ,n=2, t=7 Then Amount is given by

Q: $15,000 is invested for 15 years with an APR of 4.2% and monthly compounding.

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Q: Find the value of OMR 20,000 after 4 years invested at a compound annual rate of 6%.

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Q: Find the final amount of money in an account if $1, 000 is deposited at 3 % interest compounded…

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Q: If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the…

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Q: A loan of $26,000 is made at 8.75% interest, compounded annually. After how many years will the…

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Q: alculate the amount of interest earned on a $12,500 investment made for 3 years at 5% p.a.. und to…

A: Given that the invested money is $12500 and for 3 years and rate of interest: 5.5% per annum. Find…

Q: in

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Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: To determine the initial amount (principal) in the given compound interest problem

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A:

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 5…

A: It is given that the interest is compounded monthly. The formula for compound interest is A=P1+rnnt…

Q: Use the continuous compound interest formula to find the indicated value. A = $8,000; r= 9.63%; t=…

A:

Q: What is the balance in a college fund after 20 years if $5000 was invested at 5% nt compounded…

A: The principle invested is P=$5000. The time period is 20 years. The rate of interest is 5% and it is…

Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

A: the compound interest formula is given by

Q: The effective rate of the interest that is equivalent to a 4% rate compounded monthly is: O 4.07 % O…

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Q: Use the given information to find the amount A in the account earning compound interest after 6…

A: We will find the solution in the following step