You invest 10,000  and pay 3% interest compound continuously . How will you have in 5 years?

Q: Joanna deposited $ 3500.00 in an account that pays 4% annual interest, how long does it take to…

A: Use the formula as A=P1+r100t where, A=AmountP=Principalr=ratet=time

Q: $600 invested at 5% compounded daily after a period of3 years

A:

Q: . $700 invested at 6% compounded daily after a period of2 years

A: To find the amount after 2 years if $700 is invested at 6% compounded daily. Solution: We know,…

Q: The doubling time of an investment with continuous compound interest is 12.7 years. If the…

A: Given:  Today's Investment=$20,000 Doubling Time=12.7 years Time=5 years To find: Worth of…

Q: Jaidee invests $1,966 in a savings account with a fixed annual interest rate of 2.45% compounded…

A: The formula for continuous compound interest is given by A = Pert Where A is future value P is the…

Q: How long will it take money to quadruple if it is invested at 5% compounded weekly? 6.7% compounded…

A: Let P be the principal amount, t be the period and A be amount accumulated after time t.

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 time it takes for $6,700 to double when invested at an annual interest rate of 5%,…

A: (a) Given - Original amount=$6,700 Interest rate=5% , compounded continuously. To find - The time…

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

A:

Q: Hannah wants to have $6000 to help pay for a new deck in 10 years. If she wants to put her money…

A: Time has been valuable in all aspects but in terms of finance, time has a money value. The worth of…

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

A:

Q: The doubling time of an investment with continuous compound interest is 12.5 years. If the…

A:

Q: A saving account deposit of $150 is to earn 6.5% compounded continuously. What amount should have…

A: Use the formula for the compound interest and substitute the given values than simplify.

Q: How long will it take $5,000 to grow to $20,000 if it is invested at 7% compounded monthly? _____…

A: We know the formula for compound interest, A = P1 + rnnt Where,  A = Final amount.              P =…

Q: If you invest $20,000 at an annual rate of 1% compounded continuously, calculate the final amount…

A: Given, the interest is compounded continuously.

Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: One thousand dollars is to be invested in a bank for 4 years. Would 8% interest compounded…

A: To find the amount of semiannual compound interest, use the formula, A=P1+rnnt and substitute P with…

Q: The doubling time of an investment with continuous compound interest is 12.6 years. If the…

A: It is given that, double time of the investment = 12.7 years.Principle amount is $24,000.The number…

Q: Tessa invests $5600 in a new savings account which earns 3.9% annual interest, compounded…

A: From the given data:

Q: You decide to invest $8000 for 6 years and you have a choice between two accounts. The first pays 7%…

A: Formula for amount when it is compound interest is given as: A=P1+rnnt, where A is amount after t…

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

A:

Q: Savannah is going to invest $220 and leave it in an account for 12 years. Assuming the interest is…

A: We have, Savannah is going to invest $220 and leave it in an account for 12 years and at the end,…

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

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

Q: You can invest your money at a rate of 6.5% compounded continuously. How much money will you have…

A: The formula for the interest compounded continuously is A=Pert where, A is the final amount, P is…

Q: If Hannah places $ 4500 into an account earning 7.25% interest compounded continuously, how much…

A:

Q: Lea invests $8,333 in a savings account with a fixed annual interest rate of 8%. What will the…

A: According to questionInitial balance (p) = $8,333Interest rate (r) = 8%Time (t) = 12 yearIt is given…

Q: If Hannah places $ 5500 into an account earning 6% interest compounded continuously, how much will…

A:

Q: You deposit $6000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

A:

Q: If money is worth 7% compounded continuously, find the equated time for paying a loan of P 200,050…

A: Given: Rate of interest, r = 7% Loan amount due in 2 years, A1 = P200,050 Loan amount due in 4…

Q: If $4000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest…

A: NOTE: Refresh your page if you can't see any equations. . here we have,  P=4000 r=7.5%=0.075 t=4…

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: Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is…

A:

Q: Hannah wants to have $ 7500 to help pay for a new deck in 10 years. If she wants to put her money…

A: Given Future value =7500 r= 0.085 t=10 years

Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Find the time it takes for $790,000 to double when invested at an annual interest rate of 19%,…

A: Solution-

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

A:

Q: Kimi invests $4,000 at 3% interest compounded continuously. How much money will she have in 4 years?

A: Given that,   Invest value (P) =$4000   Interest rate(r) = 3%   Time (t) =4 years

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

A:

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

A:

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: Suppose you invest $2000 at a rate of 3.25% continuously, what is the worth of the investment after…

A: Given that P = $2000  rate of Interest = 3.25% continuously, we have to find what is the worth of…

Q: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

A: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

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

A:

Q: You deposit $3000 in an account earning 4% interest compounded continuously. How much will you have…

A:

Q: How long will it take money to triple if it is invested at 6% compounded quarterly? 8.1% compounded…

A: We will find out the required value.

Q: If you invest $1000 at 7% annual interest compounded monthly, how many years will it take for the…

A: let invest amount is P annual rate is r month n =12 years = t amount after t years is A =3000 A =…

Q: Joshua is going to invest $490 and leave it in an account for 5 years. Assuming the interest is…

A: Solution:-