Suppose you as a businessman leave an initial amount of 600$ in savings account at an annual rate of 6% compounded quarterly. How long will take for 600$ to amount to 900$?

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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Q: How much money should be deposited today in an account that earns 5% compounded semiannually so that…

A: The formula to calculate amount to be deposited in the account is shown belowwhere A is the…

Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

Q: If $800 is invested at 4% compounded quarterly, what is the interest earned after: a) 6 years…

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Q: if $300 is invested at an interest rate of 5% compounded quarterly, then the amount after 2 years is…

A: Amount , A= P(1+r/n)nt   where, P= the principle amount             r= rate of interest           t=…

Q: How much money should be deposited today in an account that earns 3% compounded semiannually so that…

A: A=P1+rnntwhere   A = Final amount P= deposited amount r= interest rate n= no. of ompounding period

Q: Lily is going to invest $750 and leave it in an account for 18 years. Assuming the interest is…

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Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 24…

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Q: Suppose that you invested in a mutual fund that guaranteed 6.5% annual interest, compounded monthly.…

A: given p=principle=$3500r=rate per annum=6.5%n=4 =time we have find A…

Q: A company needs $8,000,000 in 5 years in order to expand their factory. How much should the company…

A: Solve for investment in each week

Q: Amelia is going to invest in an account paying an interest rate of 2.3% compounded quarterly. How…

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Q: How long will it take P1000.00 to amount P1,346.00, if invested at 6% compounded quarterly.

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Q: Jeremiah invested $70,000 in an account paying an interest rate of 6.8% compounded daily. Assuming…

A: A=$99000  P=$ 70000 r=6.8%=0.068 n=365 ( compounded daily)

Q: How much will $12,700 become if it earns 8% annual interest, compounded quarterly, for 60 years?

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Q: Anthony is going to invest in an account paying an interest rate of 4.6% compounded monthly. How…

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Q: Matilda and Horace open a retirement account with $120,000. How many years will it take for the…

A: Find the time taken for the amount $120,000 to grow to $800,000 if it grows at a rate of 4.5%…

Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 17…

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Q: A company needs $4,000,000 in 6 years in order to expand their factory. How much should the company…

A: Given: a company needs $4,000,000 in 6 years to expand their factory.

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

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Q: If you invest $3000 at 5% compounded quarterly, how long will it take the account to double in time?…

A: P=3000,  r=5%=0.05,  n=4

Q: Chase invested $39,000 in an account paying an interest rate of 3.2% compounded daily. Assuming no…

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Q: How long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per…

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Q: How much money should be invested in an account that earns 6% interest,  compounded monthly, in…

A: Formula to be used

Q: an

A: Given that : Accounting pay = 7% In-order to calculate the future value factor formula = (1 +…

Q: How much money would you need to deposit today at 5% annual interest compounded monthly to have…

A: Reviewing information, Given r=Annual interest rate=5% A=Amount in the account=$20,000  t=duration=9…

Q: To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually?

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Q: How long will it take for P65, 000 to amount to P98, 400 if compounded quarterly at 10.24% interest?

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Q: How much should be invested today in an account earning 6% compounded quarterly, if you need $35,000…

A: A=P(1+(r/n))nt where A = final amount P=initial amount r=interest rate in decimal n=number of…

Q: Find the amount of money there is after 2 years if $600 is invested at 5% compounded quarterly.

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Q: Suppose $9500 is invested at 6% interest, compounded annually.  Approximately how long will it take…

A: Given Principal =$9500  rate =6% compounded annually Amount = $12,000

Q: If $1000 is invested at 7% compounded quarterly, what is the interest earned after: a) 5 years…

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Q: Lydia is going to invest $210 and leave it in an account for 17 years. Assuming the interest is…

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Q: If $11,500 is invested at 10% compounded quarterly, how much will this investment be worth in 3…

A: Let P be the amount invested , r be rate of interest compounded quarterly, n be number of periods in…

Q: How much should you invest now at 5% compounded quarterly to have $8000 in 4 years?

A: As in compound interest quarterly A = P1+rnnt

Q: A company needs $5,600,000 in 8 years in order to expand their factory. How much should the company…

A: To find P if the interest compounded weekly, substitute 5600000 for A, 8 for t, 0.08 for r and 52…

Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

A: Let $x should be deposited today that earns 7y.Compound semi annually. So that it will accumulate…

Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: How many years will 100 000 earned a compound interest of 500 000 if the interest rate is 9%…

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Q: How long would it take to double your money in an account paying 6% compounded quarterly?…

A: Use the following formula to calculate amount, as follows: A=P1+r100n

Q: What annual interest rate would allow Karen to double her investment if it is compounded quarterly…

A: The compound interest formula for an initial amount P deposited for a time period of t at a rate of…

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

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Q: A bank offers 8% interest rate compounded quarterly. How long will it take for an amount of money…

A: Interests rate offered by the bank is 8%, and compounded quarterly. We need to find the time…

Q: b. Suppose you as a businessman leave an initial amount of $600 in a savings account at an annual…

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Q: How much money should be deposited today in an account that earns 8% compounded semiannually so that…

A:

Q: A company needs $4,300,000 in 14 years in order to expand their factory. How much should the company…

A: Future value of investment, FV=$4,300,000 Interest rate per week, r=9.1%52=0.09152=0.00175 No. of…

Q: A company needs $4,400,000 in 13 years in order to expand their factory. How much should the company…

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Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

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Q: When he was 12, Brian put $250 into a savings account with a 2.5% annual interest rate. Now that he…

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Q: In the future, it is estimated that university will cost $200,000 per student. How much would have…

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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.