You deposit $5000 in an account earning 8% interest compounded continuously. How much will you have in the account in 15 years? %24

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

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

A: Given that; Principal {p} = $ 4000 Rate (r) = 2%  Time = 10 years By using the compound interest…

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A: Given problem is :

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A: The compound interest formula is,

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A: Given that, P= 17000 r = 8% Snnndndnssndnndndd

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A: Given data : Formula used:

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A: We can find the answer as below.

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A: Compound Interest Formula: A = P·1+rnn·t where A = Accrued amount P = Principal amount r = rate of…

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A: Given, Ali Williams invests $25,000 Rate of interest Compounded continuously=5.5% per year

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A: here we will find future value of ordinary annuity,

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

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Q: College Tuition The Toshes need to have $80,000 in12 years for their son’s college tuition. What…

A: let P dollars are invested for t years at annual rate r, where interest is compounded k times per…

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

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Q: A loan $43,000 of is made at interest 5%, compounded annually. After how many years will the amount…

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Q: You deposit $5000 in an account earning 2% interest compounded continuously. How much will you have…

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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