you deposit 3500$ into an account that earns 3.6% per year compound continuously  1) How much after 5 years  2) how long for the money to double

Q: Find the effective interest rate per quarter at a nominal rate of 8% compounded (a) weekly, (b)…

A: The effective interest rate is the interest rate on a loan or financial product restated from the…

Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

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

A: Use formula to calculate

Q: An initial deposit of $10,000 earns 1.5% interest and is left in the account for 10 years. How much…

A: It is given that, an initial deposit of $10,000 earns 1.5% interest and is left in the account for…

Q: If there were originally 500 grams of carbon-14 originally, how much carbon-14 would remain after 10…

A: In each half life , amount becomes half of the previous one. It means that, after each half life the…

Q: A certain amount is invested at 9% annual simple interest, and after 11 years, its investment is…

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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

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

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Q: You decide to invest $7,500 into an account that pays 1.1% annual compound interest. How many years…

A: The given problem is You decide to invest $7,500 into an account that pays 1.1% annual compound…

Q: You deposit $4000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: A person invested 30,000 and over time its value depreciates by one half every 5 years. What is the…

A: P = $ 30000 Every 5 year it's value depreciates by half Yearly depreciation = 3000 Rate of…

Q: You deposit $6000 in an account earning 5% interest compounded continuously. How much will you have…

A: Continuously compounded interest means that your principal is constantly earning interest and the…

Q: Find the total amount of interest to the nearest cent if the interest is compounded annually. $2750…

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

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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: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

A: Given:Principal amount (P) = $20,000Final amount (A) = double the principal amountInterest rate (r)…

Q: You deposit $5000 in an account earning 4% interest compounded continuously. How much will you have…

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Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: Given: The future value is $60,000. The time duration is 8 years. The interest rate is 11%…

Q: Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly. How much money…

A: Given problem:- Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly.…

Q: How much would $20,000 amount to a 8% compounded continuously for 10 years? Round to the nearest…

A: Compound interest

Q: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

A: Topic:- algebra

Q: Suppose a nuclear accident releases 50 kilograms of the element Cesium 137. If the half life of…

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Q: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

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

A: Given: Deposit =$4000 Interest =2% Period = 5

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: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: Determine how much principal would nee to be deposited in an account for 20 years order to yield…

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Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

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Q: 3. Francisco invest $10,500 at a annual rate of 6% compounded monthly per year. How much money will…

A: Given, P=$10,500 r=6% t=8 years Compounded monthly

Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

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Q: You deposit $3000 in an account earning 7% interest compounded continuously. How much will you have…

A: Let P = $3000 is the principal amount which is initial deposit, r = 7% is the Rate of interest, t =…

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: How long in years will a certain sum of money to triples its amount when deposited at a rate of 3%…

A: The amount is given by A=P1+int  where t is time in years  i is the rate of interest 3P=P1+0.031212t…

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

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Q: How much money should be invested monthly at 6% per year, compounded monthly, to have $2000 in 8…

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Q: How much should be invested in an account paying 8% compounded semi-annually for it to accumulate to…

A: The future value or return of investment on a deposit of amount P for a period of t years at a rate…

Q: How much must be invested at the beginning of each year at 10%, compounded annually, to pay off a…

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Q: You deposit $4000 in an account earning 3% interest compounded continuously. How much will you have…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: How much money should you invest now in order to have $70,000.00 in 26 years? Assume that the money…

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Q: You deposit $6000 in an account earning 7% interest compounded continuously. How much will you have…

A: We have to find the compound intrest for the money deposited in Bank

Q: If you deposited $14,000 into an account that compounded interest continuously at a 3.2% rate, how…

A: Given: Principal amountP=$14000, interest rater=3.2% and time periodT=3years We know that final…

Q: You deposit $4000 in an account earning 8% interest compounded continuously. How much will you have…

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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: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: How much should be deposited in an account payıng 5% interest in order to have a balance of $12,000…

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Q: We invested $15000 in a project that returns 12% interest compounded annually (yearly). How much…

A: the formula used here, A=p(1+r100)t compund interest(CI)=A-p where, A=amount p=principal invested…

Q: You deposit $5000 in an account earning 8% interest compounded continuously. How much will you have…

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Q: How much money should be invested every quarter at 10% per year, compounded quarterly, to have $5000…

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