How many years are required for P20,000 to increase to P30,000 if invested at 16% per year compounded quarterly and continuously?

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 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: 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: 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: How long will it take for an investment to at least double its original amount if it is growing at…

A: Let P be the initial investment and t represents the time that the investment becomes double.  Given…

Q: The average cost of a 4-year college education is projected to be $120,000.00 in 18 years. How much…

A:

Q: Joshua is going to invest $680 and leave it in an account for 19 years. Assuming to interest is…

A:

Q: How long will it take $5,000 to grow to $20,000 if it is invested at 7% compounded monthly? _____…

A: We know the formula for compound interest, A = P1 + rnnt Where,  A = Final amount.              P =…

Q: How much money must be deposited today to become $1800 in 50 years at 7.5% compounded continuously?

A:

Q: How many years are required for P5,000 to increase to P8,000 if invested at 12% per year compounded…

A:

Q: How long will it take for your investment to grow 25% if the annual percentage rate is 3.5%…

A: Introduction :We have asked for the time period will it take to grow a amount to its 25% , where the…

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

A:

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: A person wants to have $30,000 in an investment account to buy a new car in 4 years. How much should…

A: Topic - compound Interest

Q: A building was bought for $150,000 and sold 10 years later for $400,000. What interest rate…

A: given: A building was bought for $150,000 and sold 10 years later for $400,000. we have to determine…

Q: 2. How long will it take$5000 to grow to $20,000 if the investment earns interest at the rate of 6%…

A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

Q: how many years will it take for an initial deposit of p dollars to double if interest is compounded…

A: Given,           The initial deposit is p dollars and the rate of interest is 3%.

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

A:

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?

A:

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

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Q: Joseph invested $16,000 in an account paying an interest rate of 5.7% compounded continuously.…

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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: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

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

A:

Q: If money is worth 7% compounded continuously, find the equated time for paying a loan of P 200,050…

A: Given: Rate of interest, r = 7% Loan amount due in 2 years, A1 = P200,050 Loan amount due in 4…

Q: You want to have $400,000 when you retire in 25 years. If you can earn 9% interest compounded…

A: Need to find how much money need to deposit into account to reach goal

Q: How much will $100 grow to if invested at a continuously compound interest rate of 8.5% for 9 years?

A: The compound interest formula for an amount P compounded annually at an interest rate of r% for a…

Q: Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is…

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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

A:

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: Hannah wants to have $ 7500 to help pay for a new deck in 10 years. If she wants to put her money…

A: Given Future value =7500 r= 0.085 t=10 years

Q: How much should you invest now (to the nearest dollar) in an account that earns interest at a rate…

A: Given: Amount after 15 years=$11,000 Rate of interest compounded continuously=6.4% To find: Amount…

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: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Find the time it takes for $790,000 to double when invested at an annual interest rate of 19%,…

A: Solution-

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: If 2000 dollars is invested in a bank account at an interest rate of 9 per cent per year, compounded…

A:

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: We invested $15000 in a project that returns 12% interest compounded annually (yearly). How much…

A: the formula used here, A=p(1+r100)t compund interest(CI)=A-p where, A=amount p=principal invested…

Q: How long did it take for an investment of $25,000 to grow to at least $28,000 at 2.75% compounded…

A: Given: A = $28000 P = $25000 r = 2.75% We know the quarterly compound interest formula as A=P1+r44t.…

Q: Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 4 years:…

A:

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: How long will it take $2,000 to grow to $24,000 if it is invested at 5% compounded monthly? years…

A:

Q: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

A: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

Q: How long will it take $3000 to grow to $4800 if it is invested at a 6.2% interest rate compounded…

A: To find time we use formula: In the Given problem A=$4800P=$3000r=6.2%n=12

Q: How much money must be deposited today to become $2450 in 60 years at 6.5% compounded continuously?

A: