How long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per year compounded quarterly?

Q: Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the interest is…

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Q: Samuel is going to invest $4,900 and leave it in an account for 14 years. Assuming the interest is…

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Q: To the nearest penny, how much would you have to invest right now in a fund paying 5% continuously…

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

A: Simply use the formula of the Compound interest.

Q: At what interest rate (compounded weekly) should you invest if you would like to grow $3,830.77 to…

A: To determine the interest rate compounded weekly we should invest if we would like to grow $3,830.77…

Q: How much should she set aside now

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Q: how long will it take $15,000 to grow to $18,000 if the investment earns interest at the rate of…

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Q: Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 5% if the…

A: the compound interest formula:…

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: Tom wants to have $6000 in three years .at 4.75% interest compounded monthly how much does he need…

A: used formula : A=P(1+ r/n )nt   where A=final amount  P=principal or initial amount r=annual…

Q: How much would you have to pay into an account at the beginning of every 3 months to accumulate…

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Q: Oliver is going to invest $2,500 and leave it in an account for 18 years. Assuming the interest is…

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Q: 2. How many years will it take for an investment to double in value if it earns 5% compounded…

A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

Q: at what nominal rate, compounded monthly, would $13000 have to be invested to amount 22,716.49 in 7…

A: When the interest is compounded, then the formula used is , where, A is the final amount, P is the…

Q: How long did it take for an investment of $30,000 to grow to at least $36,000 at 2.75% compounded…

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Q: How long did it take for an investment of $27,500 to grow to at least $30,000 at 2.25% compounded…

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Q: At what nominal rate, compounded every 2 months, would $7,000.00 have to be invested to amount to…

A: Compound Interest: The formula for the compound interest is given by, Where A is the final Amount,…

Q: How much should be invested now at 6.15% compounded annually to have $35,000 in 16 years?

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Q: A man expects to receive P20,000.00 in 10 years. How much is that money worth now considering…

A: Given problem is : A man expects to receive P20,000.00 in 10 years. How much is that money worth…

Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

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Q: Say you have invested $20000 at a yearly interest rate of 19.5% compounded monthly. How many years…

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Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

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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 investment has grown from $15,000 to $17,684.23 in 3 years, compounding monthly. What was the…

A: We have to calculate interest rate

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 $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

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Q: How much will you need to put away to get 700 after 9 years at 6% compounded monthly?

A: A=700 Time = 9 years ROI = 6% = 0.06 n=12 ( Compounded monthly)

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 you invest each month in order to have $500,000 if your rate of return is 2.7%…

A: Given, Compound interest, A=$500,000 Annual interest rate, r=2.7100=.027 Compound per year, n=12…

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: How long did it take for an investment of $23,750 to grow to at least $27,000 at 2.25% compounded…

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Q: How long will it take to triple an investment at 4.6 percent per year, compounded quarterly? Round…

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Q: 4. How many years (to the nearest tenth) will it take for a $1500 investment to double with an…

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Q: . An investment fund pays 12% per year, compounded monthly, on all money invested. How much must be…

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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: What annual rate of interest compounded annually should you seek if you want to triple your…

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Q: How much will you need to put away to get 1500 after 13 years at 9% compounded monthly?

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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: If $200 is invested at 6% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount…

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Q: 4. Find out how many months it will take for 1000 taka to grow to 20000. Given 6% annual interest…

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Q: How much money should be invested every quarter at 10% per year, compounded quarterly, to have $5000…

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Q: How long did it take for an investment of $25,000 to grow to at least $28,000 at 2.75% compounded…

A: Given: A = $28000 P = $25000 r = 2.75% We know the quarterly compound interest formula as A=P1+r44t.…

Q: How long (in years and months) will it take for an investment to double at 3% compounded monthly?

A: If you like the solution then please give it a thumbs up.. The Answer is:     Result = 23.45  It…

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: Find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5% if the…

A: We will find out the required value.

Q: To yield $10000 in three years in an investment that pays interest at a rate of 5.4% per year,…

A: Solve for principal amount