Suppose an investment account is opened with an intial deposit of $12,000 earning 8.7% interest. Round all answers to the nearest dollar. a. How much will the account be worth after 30 years if it is compounded monthly? $ b. How much will the account be worth after 30 years if it is compounded continuously? $

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Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

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Q: ...* ... .... ....... If you invest $50,000 at 5% interest compounded continuously, what is the…

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Q: Recently, a certain bank offered a 10​-year CD that earns 2.78​% compounded continuously.   Use the…

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Q: if $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

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Q: If $1000 is invested at an interest rate of 3.5% per year, compounded daily, find the value of the…

A: Given,           $1000 is invested at 3.5 % interest rate per year.

Q: What is the compound interest if $42,000 is invested for 15 years at 6% compounded continuously?…

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Q: If $2000 is invested at an interest rate of 4.5% per year, compounded daily, find the value of the…

A: Given that the initial investment = P = $2000 Interest rate=r= 4.5%= 0.045  Number of times…

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Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

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Q: If you invest $25,000 at 5% interest compounded continuously, what is the average amount in your…

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Q: If $5000 is invested at an interest rate of 1.9% per year, compounded quarterly, find the value of…

A: Given,           Initial investment, P =$ 5000           Rate =1.9%           It is compounded…

Q: If $20,000 is invested at an interest rate of 6% per year, compounded semiannually, find the value…

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A: Topic- compound interest

Q: What is the compound interest if $41,000 is invested for 15 years at 8% compounded continuously?

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Q: If $20,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value…

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Q: What is the compound interest if $490 is invested for 12 years at 10% compounded continuously?…

A: Given Principal =$490. Rate       =10%=0.10. Time      =12 years.

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Q: 3. In how many months will money become three times itself at 9% compounded semiannually? Solution:…

A: Solution :  Let  P be the principal amount  Interest rate r=9 %=9100=0.09  Compounded semiannually…

Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Here the given  Principle amount P=$20,000 And the interest rate r=2%=0.02 and n=number of…

Q: If $10,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value…

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Q: years

A: Compounded quarterly, i.e. 4 times every year,    Investment  =  $1400  Rate  =  3.75%  =  0.0375…

Q: What is the compound interest if $46,000 is invested for 15 years at 8% compounded continuously?…

A: The invested amount is $46000 for 15 years at 8% compounded annually.

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Q: If $10,000 is invested at an interest rate of 3% per year, compounded semiannually, find the value…

A: If $10,000 is invested at an interest rate of 3% per year, compoundedsemiannually.Our Aim is to find…

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Q: If $17,000 is invested in a savings account yielding 3% per year, compounded semiannually, how fast…

A: Consider the formula for the compound interest is, A=P01+rnnt Since, the interest is compounded…

Q: What is the compound interest if $45,000 is invested for 10 years at 6% compounded continuously?…

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Q: Assume that there are no deposits or withdrawals. An.initial.inv.estment of $2,000 earns 7%…

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Q: If $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

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Q: What present value P amounts to 290,000 if it is invested at 6% compounded semiannually for 12…

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Q: What is the compound interest if $48,000 is invested for 10 years at 8% compounded continuously?…

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Q: How much should be deposited in an account payıng 5% interest in order to have a balance of $12,000…

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Q: If you invest $10,000 at 10% interest compounded continuously, what is the average amount in your…

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Q: What is the compound interest if $490 is invested for 15 years at 10% compounded continuously?…

A: Principal=$490 Rate of interest =10%                           =10100                          = 0.1…

Q: What present value P amounts to $250,000 if it is invested at 6%, compounded semiannually, for 15…

A: P = A / (1 + r/2)2 x n where P = present value A = amount in future r = rate per annum compounded…

Q: Question 3 is compounded quarterly. How much money is in the fund after We invest $7 into a fund…

A: This problem can be solved using compound interest formula.

Q: QUESTION 5 How much will you need to save per quarter to have $54,000 after 13 years, if your…

A: here we use compound interest formula 54000 = P(1+13/400)13*4 54000 = P(1+0.0325)52 54000 =…

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.