If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will she have after 7 years?

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: you invest $7,500 in an account paying 8.35% compounded continuously, how much money will be in the…

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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 many years are required for P20,000 to increase to P30,000 if invested at 16% per year…

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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: 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: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: A=New balance=? P=Amount invested=$800 r=Rate=4.25%=0.0425 t=Time=5 years n=Number of times it is…

Q: If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows…

A: Here,S=35,000P=25,000r=0.08 n=4

Q: an investment of $7740 grows to $9635 in 6 years at continuously compounded interest, what is the…

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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: If you borrow $4500 at 3.5% interest compounded continuously, and make no payments toward the loan,…

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Q: Suppose that you have $10,000 to invest. Which investment yields the greatest return over 5 years 5%…

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Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

Q: If you need $20,000 in your bank account in 6 years, how much must be deposited now? The interest…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: You deposit $2000 in an account earning 5% interest compounded continuously. How much will you have…

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Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: What rate of interest compounded annually is required to triple an investment in 10 years

A: Compound interest formula: A=P 1+rnnt. Given that rate of interest compounded annually is required…

Q: Suppose you deposit $1000 in an account that earns 6.2 % compounded monthly. a. How much money will…

A: To calculate the total amount compounded monthly, substitute 1000 for P, 6.2% for r, 12 for n and 5…

Q: At what interest rate will money treble if compounded continuously for 18 years?

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Q: If an investment has an interest rate of 3.75%, compare the amount of time it will take for the…

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Q: A sum of money doubles itself at compound interest in 15 years. In how many years will it become…

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Q: how much money should be invested in an account that earns 7% interest, compounded quarterly, in…

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Q: If $1000 is invested in an account earing 4% compounded monthly, how long will it take for the…

A: The compound interest formula in exponential form is

Q: If Hannah places $ 4500 into an account earning 7.25% interest compounded continuously, how much…

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Q: If Hannah places $ 5500 into an account earning 6% interest compounded continuously, how much will…

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Q: Peyton is going to invest $71,000 and leave it in an account for 18 years. Assuming the interest is…

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Q: How long will it take $5000 to double if it is invested at 20% compounded quarterly?

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Q: If real estate in a certain city appreciates at the yearly rate of 15% compounded continuously, when…

A: The question mentions that the value of the real estate in a certain city appreciates at a rate…

Q: If $12,000 is deposited in an account paying 8% interest per year, compounded continuously, how long…

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Q: what rate of interest compounded annually is required to double an investment in 3 years?

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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: How many years are required for P1,000.00 to increase to P2,000.00 if invested at 9% per year…

A: Solved below

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: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

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

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Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

Q: if 25,000 is invested at 12%, How much will it be worth after 5 years if it is compounded annually?

A: Remember that, Compound interest (or compounding interest) is the interest on a loan or deposit…

Q: d. If the same account and interest were compounded continuously, how much money would the account…

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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: If you invest $1000 at 7% annual interest compounded monthly, how many years will it take for the…

A: let invest amount is P annual rate is r month n =12 years = t amount after t years is A =3000 A =…

Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

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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: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period

Q: A philanthropist deposits $50,000 into a trust fund that pays 4.5%, compounded continuously. The…

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