Use the model =APert or =AP+1rnnt , where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. A $16,000 investment grows to $19,720.83 at 3.5% interest compounded quarterly. For how long was the money invested? Round to the nearest year.

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A:

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Q: If $2102 is invested at 13% for 28 years

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A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: You have $7000 to invest for seven years. Which investment will provide the greater return:  5%…

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Q: Use the model A=Pe" or A = P 1+ , where A is the future value of P dollars invested at interest…

A: We will find the time period of investment.

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Q: Use the model A = Pe or A =P , where A is the future value of P dollars invested at interest rate r…

A: Since the interest is continuous compounding we use the model : A=Pert

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A:

Q: Find the future value of this income stream

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Q: Sue puts $6000 in an investment account that earns 4% annual interest compounded continuously.  When…

A: Here, rate, r=0.04 initial investment, P=6000 Final investment, A=20,000

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A:

Q: Find the future value and interest earned if $8906.54 is invested for 9 years at 6% compounded (a)…

A: Here we find find future value and interest carredif $ 8906.54 is invested for 9 years at…

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Q: You deposit $5000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: If $2000 is invested for x years at 8%, compounded quarterly, the future value that will result is…

A: Consider the equation

Q: A principal of $5000 earns 2% per year simple interest. How long will it take for the future value…

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Q: Find the future value and interest earned is $8704.56 is invested for 7 years at 5% compounded (a)…

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Q: Andrea invests $400.00 in an account that pays 4% annual interest. How much will there be in the…

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A:

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Q: An investment of 50,000 php was made in bank that offers 0.5% interest compounded continuously.…

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Q: A Math 110 student decides to make quarterly payments of $1,000 into a retirement account paying 2%…

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Q: 6. Mateo invested $8000 at 3% interest compounded quarterly. How long will it take for the…

A:

Q: An investor currently has P10,000 and plans to invest it an account occurring 2% quarterly. How long…

A: Topic = Algebra

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.