An investment earns 4% per year and is worth $10,000 after 7 years. PV =

Q: a %D 1 for all real numbers a a

A: First of all, let's find the all real numbers. Real numbers are supersets of natural numbers,…

Q: You have 48,000 saved. How long will it take for that to double in value if it is 10% compounded? a)…

A: a) Initial amount =P= 48000 Final amount= A= 2(48000)=96000 Interest rate = r= 10%=0.10 time = t=?…

Q: The APY of 1,000 invested at 6% with semiannual compounding is ?

A:

Q: Ln X = 2.83254 %3D

A: Using formula ln(x) =a x =ea

Q: Solve for n:   35,300 = 9,000(1 + 3.2/400)^4n

A: Solution

Q: IFA3000 is investal al l0% compended undled continuesly,whatis the belonce after 9 years nine

A:

Q: What rate of interest compounded annually is required todouble an investment in 6 years?

A: We know that, A=P1+rnnt         ...(1) Where A =  final amount. P = Initial principal balance r =…

Q: Find the effective rate of interest.For 5% compounded continuously

A: Here we have to find the effective rate of interest. For 5% compounded continuously.  r = 5%…

Q: Sahil invest $25000 in an account that pays 7.5% APR compounded continuously for 9 years. What is…

A:

Q: If pricrs increase at a month rate of 1.9% by what % do they inctease in a year

A: Let the cost of the item be 100. The increased price in a month is calculated as follows.…

Q: You deposit sh. 250,000 in an account that pays 10% interest per annum, compounded continuously.…

A: Given, The amount deposited in an account = 250,000  The rate of interest = 10 % per annum…

Q: An engine has initially 24000 ml oil. The amount of oil has to be increased at the rate of 5% every…

A: An engine has initially 24000 ml oil. The amount of oil has to be increased at the rate of 5% every…

Q: $5,000 is invested in an account earning 6% interest (APR), compounded continuously. How much is in…

A: Total investment P=$5000 Rate of interest R= 6% Time t=3 years Total amount after 3 years

Q: A couple plans to save for their child's education. What principal must be deposited by the parents…

A: Given: Amount required is, A=$90,000. Number of years is, t=20. Rate of interest is, r=8.5%=0.085.…

Q: find the present value of an investment worth $15,000 in 15 years with 5% interest compounded…

A:

Q: Find the present value of 1000 due at the end of 10 years if i(4) = 9% and d6 = 9%

A: Given: i(4)=9% d6=9%

Q: Edy makes 15 annual deposits of x, which are just sufficient to allow him to make 8 annual…

A: Kindly go through the solution and let me know in case of any doubt or further clarification in the…

Q: Solve e* = 20 for x.

A: we need to solve for x

Q: In 2012, the price of 1lb baking potato was $0.9. Use annual inlation rate of 6% to calculate the…

A: In 2012, the price of 1 lb baking potato was , P =  $0.9.  inflation rate , r  = 6%  t = 9 years…

Q: 7. How many years would it take for $450 to amount to $5000 if it is invested at 3.9% per annum…

A: The initial amount is: $450 The compound interest is: 3.9% The amount interested per annum…

Q: Find the balance in an account when $400 is deposited for 11 years at an interest rate of 2%…

A: A=P ertP is the amount deposited.r is the interest rate.t is the time period