use the formula A = Pert to find the total amount of money accumulated at the end of the indicated time period by compounding continuously. $2000 for 15 years at 7%

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

A: Given:              $500 for 7 years at 6%

Q: A newborn child receives a $15,000 gift toward a college education from her grandparents. How much…

A: The gift amount receieved, P=$15000

Q: You deposit $5000 each year into an account earning 7% annual interest compounded annually. How much…

A: Use formula to calculate

Q: Name the formula that you use to solve the following problem. How much money should be deposited…

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Q: Rounded to the nearest cent, find the amount of money accumulated in 5 years if $10000 is invested…

A: Suppose P be the principal amount, R be the interest rate and t be the time, then P=$10000, R=6%…

Q: The purchase price of an acre of land in the Louisiana purchase in 1803 was about 5 cents. Suppose…

A: Given Data: The purchase year of land is: y1=1803 The present year is: y2=2016 The buying price of…

Q: Tommy has $4,000 in a savings account that earns 13% interest, compounded annually. To the nearest…

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

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: Find the amount that should be invested now to accumulate the following amount, if the money is…

A: Formula for compound interest is,

Q: Use the compound interest formula A=P(1+r)' to find the annual interest rate, r, if in 2 years an…

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Q: P = $7500, r = 6% compounded monthly, t = 5 years

A: The amount after t years is A=P1+rnnt Where, P= principle amount              r= compound interest…

Q: How much time will be needed for $17,000 to grow to $18,778.58 if deposited at 4% compounded kt…

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Q: Complete the table for a savings account in which interest is compounded continuously. Initial…

A: Given: It is given that the interest is compounded. and therefore the formula should be used here is…

Q: an

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Q: Jocelyn invested $56,000 in an account paying an interest rate compounded continuously. Oliver…

A: JocelynA=P1+R12002Twhere A=amount, P=principal amount, R=rate of intereset and T=time…

Q: 5

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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: The principal amount (P)=$7500. Time period(t)=10 years Rate of interest(r)=6.5%=6.5100=0.065

Q: ecide at what rate compounded monthly will 800 become 4200 for 1

A: Introduction: Compound interest is interest that is compounded at regular intervals on both…

Q: You put $8,000 into an account that earns 4% interest compounded annually. How much money will be in…

A: We have to apply the compound interest formula for the given problem.

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

A: A=31500$

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

A: Given that: Principal, P=$400 Rate of interest, r=7% Time, t=5yr.

Q: Determine the amount of money, to the nearest dollar, you must invest at 6% per year, compounded…

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Q: Warren has $40 in a savings account that earns 10% interest, compounded annually. To the nearest…

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Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Use the compound interest​ formula, A=P1+rnnt​, to solve the problem given. Round answers to the…

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Q: using the formula: a=p(1+(r/n))^(nt), determine how many years, to the nearest hundredth, it will…

A: We have  Principal investment, P = $30,000 Rate, r =1% interest compounded monthly We have to find…

Q: Fred has $60,000 in a savings account. The interest rate is 15% p year and is not compounded. How…

A: Given, P=$60000 Interest rate, r=15% time, t=812year

Q: Using the formula: A=P(1+r/n)nt , determine how many years, to the nearest hundredth, it will take…

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Q: You deposit $3000 in an account earning 3% interest compounded monthly. How much w have in the…

A: Given: You deposit $3000 each year into an account earning 3% interest compounded monthly. Tofind:…

Q: Find the final amount of money in an account if $8, 400 is deposited at 3 % interest compounded…

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Q: You have $1200 to invest in a bank account with an interest rate of 4.5%, compounded monthly. After…

A: P=$1200, r=4.5%=0.045, n=12 & A=$2100

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

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Q: $2000 is compounded annually at a rate of 10​% for 3 years.

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Q: Rowan invests $600 into an account with a 2.9% interest rate that is compounded quarterly. How much…

A: Given p=$600, r=2.9% (r=0.029), t=5 years  for compounded quarterly n=4

Q: If you invest $1200 in an account paying 9% compounded continuously, how much money will be in the…

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Q: Preston has $8,000 in a savings account. The interest rate is 4%, compounded annually. To the…

A: We have to find compound interest.

Q: interest

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Q: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

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Q: A 3% compounded bi-monthly has an equivalent rate of 1.508%,how many times does it pay every year? O…

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Q: A stock broker allocated $100,000 to an account earning 4% per year compounded continuously. If no…

A: Given problem Given that   A stock broker allocated $100,000 to an account earning 4% per year…

Q: Mindy invests $4500 at 6% interest. Compounded semi-annually. How much interest will be added after…

A: We can solve the problem by the rule of compound interest.

Q: Greg has $9,000 in a savings account. The interest rate is 15%, compounded annually. To the nearest…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=9000 r=15%=0.15 n=1 for…

Q: Using the formula A=P(1+r/n)^nt, calculate the interest earned in 6 years on $865 deposited in an…

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Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

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Q: Jayden has $70 in a savings account. The interest rate is 5%, compounded annually. To the nearest…

A: Topic- compound interest

Q: Rounded to the nearest cent, find the amount of money accumulated in 5 years if $17000 is invested…

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Q: МАЗВ A student borrows money to buy furniture for a new apartment. The student will pay back $125.42…

A: