Billy-Sean O'Hagan, having graduated summa cum laude from college, has been accepted by the doctoral program in biophysics at Oxford. John O'Hagan estimates that the total cost (minus scholarships) he will need to pay is $6,000 per month but that this cost will escalate at a continuous compounding rate of 1% per month. (a) What, to the nearest dollar, will be the average monthly cost over the course of 2 years? $   (b) Find the 8-month moving average of the monthly cost in dollars where t is the number of months since Billy-Sean started the doctoral program.

Q: In preparation for her son's educational tour 18 months from now, Johnny Sins invested $21,000 and…

A: It is given that p=21000, A=35000, t=18

Q: If I want to grow an investment to $20,000 to have as a down payment, how much does the Initial…

A:

Q: Justin wants to buy a bond that will mature to $6000 in eight years. How much should he pay for the…

A: topic - exponential function

Q: After several years of working, Katy has saved $125,000. If she invest that $125,000 in savings fund…

A:

Q: Find the years it will take for a principal P to double if invested at a rate of 4% compounded…

A:

Q: If an amount of money Pin pesos is invested at r percent compounded annually, it will grow to an…

A:

Q: Find the interest rate needed for an investment of $7000 to grow to an amount of $9500 in 2 years if…

A: Given P=$7000A=$9500n=2 yearsfor  compounded monthly this fformula will applyA=P(1+R12x100)12xn

Q: A 25-year-old places a continuous stream of $4,000 per year into a retirement account which has a…

A: Given that a 25-year-old places a continuous stream of $4,000 per year into a retirement account…

Q: Newlyweds are given a gift of $45,000and will choose between two options to invest for their…

A:

Q: A new truck costing $50,000 with a residual value of $4,000 has an estimated useful life of five…

A: given that new truck cost = $50,000 residual value = $4,000

Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: To find the amount owe in 5 years if compounding continuously :

Q: A small company is trying to decide whether or not to upgrade its website. The upgrade costs 5,000,…

A: Given:-               A small company is trying to decide whether or not to upgrade its website.…

Q: Find the accumulated present value of a 11-year $70,000 continuous income stream that has been…

A:

Q: The parents of a child wish to establish a trust fund for the child’s college education. If they…

A: Compound Interest Formula:  (compounded continuously) A = P·er·t where t is the time period in years…

Q: The average cost of a 4-year college education is projected to be $120,000.00 in 18 years. How much…

A:

Q: 2. How much time is needed for money to triple if invested at 9% compounded semi- annually?

A: As per bartleby guidelines we only give first question answers.

Q: If Maria wants to be a millionaire ($1,000,000) by the time she retires (45 years from now), how…

A: Future value (FV) = $1,000,000 Interest rate = 8% Semi annual interest rate (r) = 8%2 = 4% Period =…

Q: The AMD investment company has advertised a new Mutual Fund  that has advertised to pay 10 %…

A: new Mutual Fund that has advertised to pay 10 % compounded continuously. Bob invested $ 8,500 in the…

Q: If $1000 isinvested for x years at 8% compoundedquarterly, the future value of the investment is…

A: Given data, The amount of $1000 is invested for x number of years at the rate of 8% compounded…

Q: Kyoko has $10,000 that she wants to invest. Her bank has several investment accounts to choose from,…

A:

Q: How long will it take P10,000 to accumulate to the amount of P11,000 at 12% compounded monthly?…

A: (As  per Bartleby guidelines we are supposed to answer only one question(& its 3 related…

Q: Solve the following problems. 1. How much money will you have after 5 years, if you invest P2,000.00…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: What is the total amount of money that you will have at the end of 4 years if you invest $300 for 4…

A:

Q: Question 3 Nkechi has $8,000 that she wants to invest. Her bank has several investment accounts to…

A:

Q: Solve the problem 12) If inflation is 3% a year compounded annually, what will it cost in 6 years to…

A: Recall the following fact.

Q: When I was considering what to do with the $10,000 proceeds from my sale of technology stock, my…

A:

Q: You figure that the total cost of college will be $101,000 per year 18 years from today. If your…

A:

Q: Find the interest rate needed for an investment of $9,000 to grow to an amount of $9,900 in 3 months…

A: Step 1Amount = $9900, Principle = $9000n = Compounded monthly = 12 months in a yeart = 3 months =…

Q: A 40-year-old consulting engineer wants to set up a retirement fund to be used starting at age 65.…

A:

Q: When I was considering what to do with the $15,000 proceeds from my sale of technology stock, my…

A:

Q: Find the interest rate needed for an investment of $10,000 to grow to an amount of $11,000 in 4…

A:

Q: If I make an initial investment of $10,000 in a period of 2 years, what will be the value of my…

A: Answer=$10407.07

Q: Howard University’s School of Business will need several new commercial printers in 2 years and Dean…

A: Consider the provided question, Given, P = $60,000 Time = 2 years Rate of interest = 6% = 0.06…

Q: Suppose you invest $5000 and would like your investment to grow to $10,000 in eight years. What…

A: Given that the initial amount= P=5000 Final amount=A= 10000 Time=t= 8 years  n=number of times…

Q: Find the interest rate needed for an investment of $6,000 to grow to an amount of $6,600 in 9 months…

A: A=P1+rnnt P is the amount invested. r is the rate. t is the time A is the amount after t years.

Q: If you have an investment of $1000 that grows at a rate of 6%, compounded annually, how much will it…

A:

Q: In its first 10 years a mutual fund produced an average annual return of 20.81%. Assume that money…

A:

Q: The average cost of a 4-year college education is projected to be $410,000 in 15 years. How much…

A: Calculation:From the given, A = $410,000,  r = 7% and t = 15 years and n = 4.Compute the principal…

Q: The Thomassians will need $50,000 in three years to expand their business. What is the equivalent…

A:

Q: if changing market condition cause a company earning 8000000 in 2005 to project a loss of 2 percent…

A: Given that, the earning in 2005 is 80,00,000 and each of the next 5 year the loss is 2% of its…

Q: Perpetuity is derived from the fact that the number of compounding periods approaches to infinity…

A: Perpetuity is derived from the fact that the number of compounding periods approaches to infinity…

Q: Francis wants to have 22000 in 10 years calculate how much he should invest now at 8% interest…

A:

Q: Problem #2. You want to accumulate $19,000 in 4 years to buy a car. If you have an investment paying…

A: Given: The future amount is $19,000. Time period = 4 years The rate of interest = 10.1%

Q: you want to retire with $1,500,000 in 40 years and can earn a rate of 10.8% with monthly…

A: We can find pmt using Excel .

Q: Ray wants to buy his son a car for his P21st birthday. If Ray’s son is turning 16 today, and…

A: Since Ray wants to buy his son a car for his P21st birthday. Now Ray's son is 16 year old. interest…

Q: A company will need 1,500 barrels of fuel at the end of this month, and its needs will increase at…

A: Use the formula: Final quantity=Original Quantity1+Rate of increase per each time-interval100Number…

Q: Problem 2 If you purchase a $300,000 machine 5 years in the future with an interest rate equal to 7%…

A: We are supposed to do only one question. Kindly repost the other questions separately.

Q: Question 4 Priscilla invested $20,000 at a rate of 12% over 5 years. Much to her surprise, he…

A:

Q: Find the time required for an investment of $4000 to grow to $9000 at an interest rate of 6% per…

A: