Find the effective rate of interest that corresponds to 6% annual rate compounded continuously. le % (Round to two decimal places as needed.)

Q: Find the effective interest rate per quarter at a nominal rate of 8% compounded (a) weekly, (b)…

A: The effective interest rate is the interest rate on a loan or financial product restated from the…

Q: Assume that there are no deposits or withdrawals An initial investment of $6,000 earns 8.7%…

A:

Q: If you need $40,000 in your bank account in 8 years, how much must be deposited now? The interest…

A: For compounded continuously P=P0ert where, P0= initial depositr=interest rate=12%=0.12t=time…

Q: Find the effective rate of interest that corresponds to 17% annual rate compounded continuously.…

A: This question is based on compounding.

Q: Find the present value for a $90,000 investment for 24 years at a compounded continuously at 4.1%.

A: P=Aert Where P is present value , A is amount and r is rate and t is time.

Q: If $12, 000 is invested at a rate of 3% per year compounded continuously, find value of the…

A:

Q: Suppose £5000 is invested for five years. Calculate the amount accumulated at the end of five years…

A: given, Invested amount (P)=5000 Time period (t)= 5 years and the interest is compounded contiuously…

Q: Find the effective rate corresponding to the given nominal rate. (a) 1.5%/year compounded monthly %…

A:

Q: Find the accumulated amount after 3 years if $3000 is invested at 8%/year compounded continuously.…

A:

Q: Complete the table for a savings account in which interest is compounded continuously. (Round your…

A:

Q: Complete the table to determine the balance A for $13,000 invested at rate r = 7% for t years,…

A: Compound interest = P ert r = 7% = 0.07 P = $13000

Q: What size deposit must be made into an account earning 4.3% interest, compounded continuously, to be…

A: Formula for compound interest compounded continuously given by as P(t) = P0 ert Where P(t) = amount…

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

A:

Q: Find the present value Po of the amount P = $300,000 due t = 6 years in the future and invested at…

A:

Q: Find the present value of $57,000 due 15 years later at 8%, compounded continuously.

A:

Q: Find the amount A in dollars of $3000 invested for 30 years at 12% compounded continuously (round to…

A:

Q: At what interest rate compounded continuously must money be invested to triple in 5 years? A rate of…

A:

Q: What is the compound interest if $460 is invested for 14 years at 6% compounded continuously? (Round…

A: Let the final amount= A Given that principal amount = P= 460 Time=t=14 years interest = r= 6%=0.06

Q: Find the effective rate of interest that corresponds to 15% annual rate compounded continuously.…

A: As we know that,  Effective rate of interest for continually compounding is :- Re =( e^r - 1) × 100…

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.

Q: What is the compound interest if $48,000 is invested for 5 years at 8% compounded continuously?…

A:

Q: At what interest rate compounded continuously must money be invested to triple in 6 years? A rate…

A: Continuously interest compounded formula is P(t) =Po ert

Q: circle the final answer and read the question carefully.

A: Consider the given question,Given, Principle (P) = $17,000Rate of interest (r) = 5.4%Time (t) = 5…

Q: Complete the table to determine the balance A for $13,000 invested at rate r= 7% for t years,…

A: Principal amount = $13000 Interest rate = 7% = 0.07 Time = t years Compound interest compounded…

Q: Find the interest earned on $10,000 invested for 5 years at 4% interest compounded as follows.(a)…

A:

Q: If $12, 000 is invested at a rate of 3% per year compounded continuously, find value of the…

A: The formula for continuously compounded interest is, A=Pert where P is the principal amount, r is…

Q: find the amount of money you will have atter 20 years if you inrest $25,000 at a rate of 12% If…

A:

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.

Q: Find the present value of $3000 payable at the end of 4 years, if money may be invested at 8% with…

A: As per guidelines we can answer the 1st question only. if you need more answer please repost it.

Q: Carson invested $2,700 in an account paying an interest rate of 1.6% compounded continuously.…

A:

Q: Use the continuously compound interest formula A=Pert to approximate the final value of $1500 at…

A: Given  A=PertP=$1500r=0.75%t=8 years.

Q: a) how long will it take an investment to double in value if the interest rate is 6% compounded…

A: Given that the investment has doubled. ie., A(t) = 2A(0)  ....(1) Interest rate is 6%

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

A:

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

A: The formula for continuous compound interest is given as A=Pert, where, A= Amount at time t P=…

Q: 3. Determine the balance A for $7,000 invested at a rate of 4.5% for 20 years, compounded a. Monthly…

A:

Q: Find the present value of $3000 payable at the end of 4 years, if money may be invested at 8% with…

A: Future value = $3000  Time period= 4years  Interest = 8%  r= 0.08   The required formula is  FV=PV…

Q: To find the amount A in an account after t years with principal P and an annual interest rate r (in…

A:

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

A:

Q: Consider an investment where $48,000 is invested for 15 years at 8% compounded continuously. (a)…

A:

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

A:

Q: Find the present value of a $8,000 annual income stream if it is invested immediately as it is…

A: Compound continuously A=Pe^(rt)

Q: Calculate the amount of INTEREST earned in an account with initial investment of $25,000 in 10 years…

A:

Q: What is the compound interest if $46,000 is invested for 10 years at 8% compounded continuously?…

A: Amount in continuous compound interest: where,

Q: What is the value of a $500 investment which earns continuous compound interest of 1% annually for…

A:

Q: Aaron invested $7,500 in an account paying an interest rate of 1.5% compounded continuously.…

A: Continuous compounding formula: - When it is specifically stated in a problem that the amount is…

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: At what interest rate compounded continuously must money be invested to triple in 4 years? A rate of…

A:

Q: Find the compound amount and the amount of interest earned by the deposit below. ​$6,000 at 6.54​%…

A: Given that: Principal amount invested =$6000 Rate of interest = r = 6.54% = 0.0654 Time in years = t…

Q: Suppose that you invest $8,000 at 8% interest compounded continuously. How much money will be in…

A:

Q: How long will it take an investment of $3,400 at an interest rate of 4% per year compounded…

A: Given,       P = $3400  ( initial investment/ principal)       I = 4% = 0.04 ( interest rate)      A…