use the formula A = Pert to find the total amount of money accumulated at the end of the indicated time period by compounding continuously. $400 for 5 years at 7%

Q: The purchase price of an acre of land in the Louisiana purchase in 1803 was about 5 cents. Suppose…

A: Given Data: The purchase year of land is: y1=1803 The present year is: y2=2016 The buying price of…

Q: Complete the table for a savings account subject to continuous compounding (A Pe"). Amount Annual…

A:

Q: you deposit $5,000 in a fund that pays 6% interest, compounded monthly. In how many years, the…

A: Given that initial amount = P=5000 Final amount= A= 15000 Interest rate = r = 6%=0.06 Time=t=?…

Q: Complete the calculations to compare savings growth when interest is compounded annually, quarterly,…

A: Complete the calculations to compare savings growth when interest is compounded annually, quarterly,…

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

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

Q: Find the amount that should be invested now to accumulate the following amount, if the money is…

A: Formula for compound interest is,

Q: An account that’s yields 6% simple interest  annually has $2,000 how much will be in the account…

A:

Q: Find the final amount of money in an account if $7,600 is deposited at 3% interest compounded weekly…

A: Use compound interest formula

Q: P = $7500, r = 6% compounded monthly, t = 5 years

A: The amount after t years is A=P1+rnnt Where, P= principle amount              r= compound interest…

Q: You borrow $4500 at 5% interested compounded quarterly. How much will you owe after 7 years?

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Q: An account is compounded monthly for 5 years with an APR of 9%. For the principle amount of $15,000.…

A:

Q: Katie invested an amount of $18,000.00 in a mutual fund. After 4 years and 6 months the accumulated…

A: Use the formula for the compound interest and calculate the rate.

Q: Find the total amount of interest to the nearest cent if the interest is compounded annually. $2750…

A:

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A:

Q: uppose that $5,000 is invested at 5.8% annual interest rate, compounded monthly. How much money will…

A:

Q: what number represents an amount being compounded annually?

A:

Q: Melanie invests $7600 in a new savings account which earns 4.0% annual interest, compounded monthly.…

A: Given,         Melanie invests $7600 in a new savings account which earns 4.0% annual interest,…

Q: . An investment of $2950 earns 6.50% interest per year. Calculate the value of the investment when…

A:

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest…

A: The expression used to evaluate the amount in compound interest is as follows: Amount =P1+r100nnt,…

Q: $4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded…

A:

Q: Use the formula A = P(1+ r)* to solve. Find the rate at which $15,000 compounded annually grows to…

A:

Q: Find the final amount of money in an account if $9,400 is deposited at 8% interest compounded…

A: Initial amount=P= 9400 Interest rate= r= 8%=0.08 Time=t= 6 years Number of times compounded in a…

Q: $1500 at 7% compounded annually for 3 years, what's the total balance?

A:

Q: O $30,000 is invested at 6% interest compounded quarterly, Using the formula A= P(1+)nt determine…

A: A=31500$

Q: $1000 invested at an investment account that pays 6% interest yearly. What will be the amount of…

A: Formula of Amount is P1+rnnt where ,  P  is a principal . r is annual interest rate in decimal form…

Q: Use the compound interest​ formula, A=P1+rnnt​, to solve the problem given. Round answers to the…

A:

Q: Complete the table for a savings account subject to continuous compounding (A = Pe") Amount Annual…

A: We can find the answer as below.

Q: Calculate the present value A=$20000, r=8%, compounded monthly, t=7 years

A:

Q: The Smiths invest $10,000 in an account that grows to $12,000 in 5 years.  What is the annual…

A: The Smiths invest $10,000 time, t= 5 years Final amount=$12000  P=$10000 Compound interest,…

Q: Fred has $60,000 in a savings account. The interest rate is 15% p year and is not compounded. How…

A: Given, P=$60000 Interest rate, r=15% time, t=812year

Q: A loan of $43,000 is made at 8.25% interest, compounded annually. After how many years will the…

A: Compound Interest Formula: A = P·1+rnn·t where A = Accrued amount P = Principal amount r = rate of…

Q: You have $1200 to invest in a bank account with an interest rate of 4.5%, compounded monthly. After…

A: P=$1200, r=4.5%=0.045, n=12 & A=$2100

Q: Find the final amount of money in an account if $1, 000 is deposited at 4 % interest compounded…

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Q: Use the formula A = P(1+ )“ to find the total amount of money accumulated for an initial investment…

A:

Q: Solve the problem. Find the amount of interest earned on the following deposit: $1,000 at 4%…

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Q: Find the final amount of money in an account if $1, 000 is deposited at 3 % interest compounded…

A:

Q: the beginning of each month. If interest on the account is 5% compounded quarterly, Laura wants to…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Rowan invests $600 into an account with a 2.9% interest rate that is compounded quarterly. How much…

A: Given p=$600, r=2.9% (r=0.029), t=5 years  for compounded quarterly n=4

Q: Use the formula A = P(1+ )" to find the total amount of money accumulated for an initial investment…

A: Given  Investment P = $600 Interest rate r = 8% compounded semiannually Times t = 9 years To find…

Q: Using the formula: ,  determine how many years, to the nearest hundredth, it will take to double…

A: Formula: A=P1+rnnt where A=The final amount P=Initial principal balance r=interest rate n=number of…

Q: interest

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Q: A 3% compounded bi-monthly has an equivalent rate of 1.508%,how many times does it pay every year? O…

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Q: Mindy invests $4500 at 6% interest. Compounded semi-annually. How much interest will be added after…

A: We can solve the problem by the rule of compound interest.

Q: Greg has $9,000 in a savings account. The interest rate is 15%, compounded annually. To the nearest…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=9000 r=15%=0.15 n=1 for…

Q: You deposit $1000 in an account that pays 6% annual interest. Find how long it will take for the…

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Q: Using the formula A=P(1+r/n)^nt, calculate the interest earned in 6 years on $865 deposited in an…

A:

Q: Use the formula A = P(1 + )" to find the total amount of money accumulated for an initial investment…

A: Topic- compound interest

Q: Find the accumulated amount after 7 years if $400 is invested at 7% per year, compounded: (Round…

A: The formula for the compound interest is given as  A=P1+rnnt where P is the principal invested . r…

Q: Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate…

A: accumulated amount A=7900, amount invested P=5000, rate of interest r =7.5%=0.075, compounded…

Q: Use the compound interest formulas to a. calculate the total amount in the account after the given…

A: As per our guidelines we can answer to a maximum of 1 question. Kindly repost the remaining…