how many years will it take for an initial deposit of p dollars to double if interest is compounded continously at an annual rate of 3%

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

A: Given

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: How many years will it take to double an investment of 6000 Rials if it is invested at an interest…

A:

Q: How long will it take an investment of $4000 to grow to $10000 if it is invested in an account that…

A: Topic = Algebra   A=P1+rnntA=Final amountP=Principalr=rate of interestn=1 for anuallyt=time

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 for an initial investment of $10,000 to grow to $15,000? Assume a rate…

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Q: For an interest rate of 6% p.a. Determine the effective interest rate if it is compounded monthly.

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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: How much hould I invest now to yield $25 000 in 3 years' time, if the money can be invested at a…

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Q: How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously?

A: If the interest is compounded continuously, then the following formula is used. A=Pert , where, A is…

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: 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: Shemp has inherited $50,000 from a recently deceased long-lost aunt. He invests his newfound money…

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Q: Suppose that $1000 is invested at a 10% interest rate compounded quarterly. b) How many years will…

A: Solution:Giveninvestmentment Amount=$1000     r=0.01To find (a) What will investment be worth after…

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: In 17 years, Selena Willow is to receive $300,000 under the terms of a trust established by her…

A: Recall that the compounded continuous formula:A=Pertwhere A= Accumulated amount, P=present value,…

Q: How long will it take for a deposit of $3000 to grow into $10,000 at 8.4% compounded yearly

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Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

Q: How long (in years) will it take $4,000 to grow to $6,000 if the investment earns interest at the…

A: Given, Initial Value P=$4000 Future Value A=$6000 Rate of interest r=3%=0.03 compounded monthly Time…

Q: Find the interest rate r needed for an investment of $4000 to grow to $28,000 in 6 years if interest…

A: We will use future value formula to find interest rate

Q: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

A: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

Q: A deposit of $4000 is made in an account that earns interest at an annual rate of 7.5%. Determine…

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Q: How long will it take $14000 to grow to $16000 if it is compounded quarterly at a rate of 3.1%?…

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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 long will it take $10,000 to grow to $12,000 if the investment earns interest at the rate of…

A: We have to find how many years will it take  $10,000 to grow to $12,000 if the investment earns…

Q: Use the compound interest formula to determine how long it will take for a sum of money to double if…

A: Formula for compound interest:

Q: Evan is going to invest in an account paying an interest rate of 5.4% compounded annually. How much…

A: Final amount = Principal amount + InterestFinal amount = P+P(1+rn)ntn=1 (compounded annually)Final…

Q: How much will you get out from 1000 that grows at 9% compounded monthly at the end of 17 years?

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Q: 7. How many years would it take for $450 to amount to $5000 if it is invested at 3.9% per annum…

A: The initial amount is: $450 The compound interest is: 3.9% The amount interested per annum…

Q: Find the value of $30,000 invested for 4years at 15.3% interest if the compounding is done…

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Q: How long, to the nearest hundredth of a year, would it take an initial principal P to triple if it…

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Q: find the present value of $100,000 if interest is paid at a rate of 8% per year, compounded…

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Q: 4. How many years will it take for 500.00 to grow to P1,051.82 at 10 percent compounded annually

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Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

Q: How much would you have to invest at 3% compounded continuously to make $45000 in 4 years

A: Given: interest=  3% compounded continuously Future amount= $45000 time= 4 years

Q: $2000 is compounded annually at a rate of 10​% for 3 years.

A:

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: 2. $2100 is invested at a rate of 7% compounded monthly. What is the amount after 10 years?

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: How long will it take for an investment to​ triple, if interest is compounded continuously at 6​%?…

A:

Q: Mike and Terri estimate that they want to buy a house for $174,000.00, and they need to make a down…

A: Given data:   The given cost of a house is C=$174,000.00. The given percentage of the down payment…

Q: How much was invested into Ed's account that was continuously compounded at 3.9% interest for 15…

A: Compound Interest :  When the interest charged after a certain specified time period is added to…

Q: How much money must be deposited today to become $2250 in 30 years at 5.5% compounded continuously?…

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Q: Mr. Johnson invested R25 000 at a rate of 9,95% p.a. compounded quarterly. How long will it take for…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

Q: What present value P amounts to $280,000 if it is invested at 8%, compounded semiannually, for 16…

A: If investment or present value = $P interest rate = r  compounded m times per year. and time period=…

Q: van wants to put some money into an investment fund that has paid, on average, 13.2% per ar,…

A: Given query is to find the investment amount so that the future value will be 10000

Q: How many days will it take to build $1000.00 to at least $7500.00 at 9% compounded daily?

A: To determine the time taken for the investment to accumulate to $7500.

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.

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.