At what constant, continuous rate must money be deposited into an account if the account is to contain $15000 in 9 years? The account earns 4.75% interest compounded continuously.

Q: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

A: For compounded continuously  A=Pertr = ln(AP)t   Here,  A=$600P=$270t=20

Q: How much money needs to be deposited now into an account to obtain $8,000 in 14 years if the…

A: Given

Q: To provide for a future expansion, a company plans to make continuous deposits to a savings account…

A: A differential equation is an equation that usually relates a function with with its derivatives.…

Q: How much money needs to be deposited now into an account to obtain $3,300 in 14 years if the…

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Q: Find the amount resulting in 12 years, if $25,000 is invested now at an interest rate of 4.25% p.a.…

A: Given that, P=25000, r=4.25%, t=12years

Q: Avery invested $21,000 in an account paying an interest rate of 3.3% compounded continuously.…

A: GIVEN Principal , P = $21000\ Amount , A = 29200 Rate , r = 3.3% = 0.033 For continuously…

Q: How many years will it take $2,000 to grow to $3,800 if it is invested at 5.50% compounded…

A: Given Initial investment=P=2000 Grow to amount=Q=3800 Rate of interest=r=5.50% p.a.

Q: How long does it take for a deposit of $800 to double at 9% compounded continuously? How many years…

A: I am attaching image so that you understand each and every step.

Q: If Tanisha has $ 100 to invest at 9% per annum compounded monthly, how long will it be before she…

A: Given,

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A: Let the initial amount be P Final amount is 2P rate of interest, r =7%

Q: An interest rate of 12 % per year compounded continuously is the same as nominal 1% per month…

A: Given- An interest rate of 12% per year compounded continuously is the same as nominal 1% per month…

Q: If 7000 dollars is invested in a bank account at an interest rate of 5 per cent per year, compounded…

A: Given that, the initial amount is P=7000 interest rate is r=5%, compounding period is p=1 and final…

Q: How many years will it take for an initial investment of $25,000 to grow to $80,000? Assume a rate…

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Q: How many years will it take $1,000 to grow to $2,000 if it is invested at 4.25% compounded…

A: Given query is to find time taken to grow $1000 to $2000.

Q: How long will it take an investment to double in value if a 5% continuously compounded interest rate…

A: Rate=5%

Q: find the present value of 4,000 to be received in 5 years, if money may be invested at 7.1% with…

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Q: How many years will ittake for an initial investment of $10,000 to grow to $25,000?Assume a rate of…

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Q: Assume a savings account had $6000 initially, and that the interest rate per year to be compounded…

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Q: A bank offered 1 3/4% interest on savings accounts compounded continuously. -How much is a $5,000…

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Q: A Bank offered 1 3/4% interest on savings accounts compounded continuously. How much is a $5000…

A: The formula used for evaluating the amount accumulated on the amount saved in the bank compounded…

Q: How many years will it take $3,000 to grow to $5,000 if it is invested at 3.25% compounded…

A: To solve this problem we need to use the following result:

Q: At what nominal rate compounded continuously must money be invested to triple in 6 ​years?

A: Formula for continuously compounded is given by A=Pert Where A is total amount P is Principal Amount…

Q: How long does it take for a deposit of $1100 to double at 7% compounded continuously? How many years…

A: Given: principal amountP=$1100, rate of interestr=7% compounded continuously and final amountF.A.=2P…

Q: Suppose you invest $1200 at an annual interest rate of 2.3% compounded continuously. How much will…

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Q: explain this.  How long will it take Dio who has an investment  of $200 at 4% interest compounded…

A: Given:

Q: How much time does it take for a $9,800 investment to grow to $13,800 in an account compounded…

A:

Q: How much money needs to be deposited now into an account to obtain $1,700 in 5 years if the interest…

A: Total amount of money at the end of nth  year is given by,                               A = P 1 +…

Q: How many years will it take $10,000 to grow to $16,200 if it is invested at 3.50% compounded…

A:

Q: How many years will it take $9,000 to grow to $14,700 if it is invested at 2.50% compounded…

A: We will use continues compounding formula

Q: An initial deposit of $25,000 earns 1.25% interested and is left in the account for 15 years. How…

A:

Q: suppose $5000 is invested in an account at an annual interest rate of 3.7% compounded continuously.…

A: To determine the taken by an investment of $ 5000 to double.

Q: How much money should be invested at a rate of 6% compounded continuously to produce an amount of…

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Q: How many years are required for an investment to double in value if it is appreciating at the rate…

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Q: If 3000 dollars is invested in a bank account at an interest rate of 4 per cent per year, compounded…

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Q: How many years are required for an investment to double in value if it is appreciating at the rate…

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Q: How much money would be in an account if $2, 000 is deposited at 6 % interest compounded…

A: *concept:- compound interest formula.

Q: A university alumni group wants to provide an annual scholarship to current students. If the…

A: Given: A university alumni group wants to provide an annual scholarship to current students. The…

Q: How long does it take for a deposit of $800 to double at 5% compounded continuously? How many years…

A: Given query is to find the time taken to become the deposit double of its value.

Q: How many years will it take for an initial investment of $20,000 to grow to $30,000? Assume a rate…

A: Topic = Algebra

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A: formula for continuous compound interest  A = P e r t  t = number of years  r = interest rate  P =…

Q: At what interest rate compounded continuously must money be invested to double in 4 years? A rate of…

A: Use formula of compounded continuously

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

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Q: . How long, to the nearest year, will it take me to become a millionaire if I invest $1,000 at 10%…

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Q: A recent college graduate decides to open a credit card in order to pay for their upcoming trip…

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Q: If you invest $5000 compounded continuously at 4% p.a. how much will this investment be worth in 5…

A: The initial amount P=$5000 Rate of interest r=4%=4100=0.04 p.a. The time period t = 5 years

Q: Find the time it takes for $7,800 to double when invested at an annual interest rate of 14%,…

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Q: Starting at age 30, you deposit $2000 a year into an IRA account for re stream. If money in the…

A: Given that Starting at age 30, you deposit $2000 a year into an IRA account for retirement. Treat…

Q: How much must one invest today in order to receive $20,000 after 5 years if interest is compounded…

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Q: How much money must be deposited today to become $2450 in 60 years at 6.5% compounded continuously?

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Q: At what interest rate compounded continuously must money be invested to double in 9 years? A rate of…

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