What is the compound interest if $46,000 is invested for 15 years at 8% compounded continuously? (Round your answer to the nearest cent.) %24

Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

A: The future amount, A = $12,000 Interest rate, r = 6% = 0.06 Time, t = 4 years Number of times the…

Q: If 10 thousand dollars is invested at an interest rate of 5 percent per year, find the value of the…

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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: In the formula A(t)=Pert for continuously compound interest, the letters P, r, and t stand for ___ ,…

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Q: If $250 is invested at 8% compounded (A) annually, (B) quarterly, (C) monthly, what is the…

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Q: How much money should be invested in an account that earns 9% interest, compounded monthly, in order…

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Q: What interest will be earned if $6400 is invested for 4 years at 11% compounded monthly? (Round your…

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Q: What present value amounts to $5,000 if it is invested for 15 years at 8% compounded annually?…

A: When an amount is invested at rate r compounded annually then amount after time t years will be…

Q: If 1700 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: When a principal amount of $P is invested for time t years at an interest of r% per annum compounded…

Q: What interest will be earned if $6700 is invested for 2 years at 10% compounded monthly? (Round your…

A: Given

Q: How long will it take an investment of $4000 to double if the investment earns interest at the rate…

A: We will find how long will it take an investment to double as following.

Q: If 2500 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

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: Find the accumulated value of an investment of $25,000 for 6 years at an interest rate of 6.5% if…

A: Amount invested is given as: P=$25,000 Rate of interest annually is given as 6.5% When compounded…

Q: What interest will be earned if $6100 is invested for 7 years at 13% compounded monthly? (Round your…

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Q: What present value P amounts to $280,000 if it is invested at 7%, compounded semiannually, for 16…

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Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

A: We have to find how much money should be invested in an account that earns 6% interest, compounded…

Q: What interest will be earned if $6500 is invested for 8 years at 13% compounded monthly? (Round your…

A: The given principal value P = $6500 The given time t = 8 years = 12*8 = 96 months  Interest rate =…

Q: If $400 is invested at an interest rate of 2.5% per year, find the amount of the investment at the…

A: Explanation: Given that: Principal(P) = $400 Rate(r) = 2.5% or .025 per year Concept: 1. A=P1+rnnt…

Q: How much do you need to invest at 3 % interest, compounded quarterly, in order to have $8500 in 10…

A: Given that rate of interest is 3%, the final amount is $8500 and time period is 10 years.

Q: What present value amounts to $20,000 if it is invested for 15 years at 8% compounded annually?…

A: Given:Total accumulated amount (A) = 20,000 dollarsRate = 5%Time, n = 15Present value (Principle)…

Q: Keep In Mind Find the compound interest on ? 8000 for 1 year at 6% p.a. (a) compounded annually (b)…

A: Since you have asked multiple question As per our policy, we will solve the first question for you.…

Q: to o bmn 3. An amount of $12,000 is deposited into an account with annual interest of 4.2%…

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Q: How much money should be invested in an account that earns 6% interest, compounded monthly, in order…

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Q: If 1800 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: To find the future value of the investment compounded annually, substitute 1800 for P, 0.05 for r, 1…

Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 17…

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Q: If $1300 is invested at an interest rate of 6.75% per year, compounded quarterly, find the value of…

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Q: How much money should be invested in an account that earns 3% interest, compounded monthly, in order…

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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 data  Investment P=1000  interest rate r=3.5% =0.035  Compounded daily=n=365  Value of the…

Q: How much money should be invested in an account that earns 9% interest, compounded monthly, in order…

A: The compound interest formula is given as:

Q: years

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

Q: What interest will be earned if $6100 is invested for 2 years at 11% compounded monthly? (Round your…

A: Follow next step

Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: r = 11% = 0.11 Compounded annually, i.e. n = 1 t = 5 To pay of debt, i.e. A = $30000

Q: If you invest $15,000 at 10% interest compounded continuously, what is the average amount in your…

A: This question is about continuous compounding

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

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Q: An account contains $2,000 and has been earning 9% interest, compounded continuously. How much will…

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Q: What is the accumulated value if the money is compounded semiannually? What is the accumulated value…

A: Semiannually Investment: Given that: Investment Amount(P) = 25000$ , Investment Period(t) = 5 years…

Q: What present value amounts to $20,000 if it is invested for 15 years at 6% compounded…

A: Compound interest: Formula :  A=P1+rnnt where ; A is the amount . P is the principal or invested…

Q: What present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for 18…

A: Given that present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for…

Q: How much money

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Q: What present value P amounts to $270,000 if it is invested at 8%, compounded semiannually, for 12…

A: Determine the present value of an investment that amounts to $270,000 in 12 years if compounded…

Q: What present value P amounts to $300,000 if it is invested at 8%, compounded semiannually, for 18…

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Q: Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 5.5% if…

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

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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 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 =…

Q: How much money should be invested in an account that earns 3% interest, compounded monthly, in order…

A: From the given data,Interest rate r=3%, time period t=5yeras and P=$15000.