Brianna is going to invest in an account paying an interest rate of 5.2% compounded continuously. How much would Brianna need to invest, to the nearest dollar, for the value of the account to reach $134,000 in 6 years?

Q: Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the interest is…

A:

Q: How long (in years and months) will it take for an investment to double at 4% compounded monthly?…

A: The explanation has been given in the attached file.

Q: How long will it take an investment of $5000 to double if the investment earns interest at the rate…

A: We are given: Initial investment (P) = $5000 Accumulated amount (A) = $10000 ( Since we need…

Q: How many years are required for P20,000 to increase to P30,000 if invested at 16% per year…

A:

Q: To the nearest penny, how much would you have to invest right now in a fund paying 5% continuously…

A:

Q: Jerome will be buying a used car for $15,000 in 3 years. How much money should he ask his parents…

A: Given, Future value  A=$15,000           Interest r=0.05           Time t=3 To find the Present…

Q: Avery invested $21,000 in an account paying an interest rate of 3.3% compounded continuously.…

A: GIVEN Principal , P = $21000\ Amount , A = 29200 Rate , r = 3.3% = 0.033 For continuously…

Q: Isaiah is going to invest $94,000 and leave it in an account for 16 years.Assuming the interest is…

A: Isaiah is going to invest $94,000 and leave it in an account for 16 years. The interest is…

Q: If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows…

A: Here,S=35,000P=25,000r=0.08 n=4

Q: What rate of interest compounded annually is required to double an investment in 4 years? The rate…

A: Formula used:The simply annual compound interest formula

Q: How much hould I invest now to yield $25 000 in 3 years' time, if the money can be invested at a…

A:

Q: A company needs $8,000,000 in 5 years in order to expand their factory. How much should the company…

A: Solve for investment in each week

Q: What rate of interest compounded annually is required to triple an investment in 11 years? The rate…

A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

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

A:

Q: Taylor invested $11,000 in an account paying an interest rate of 3.5% compounded continuously.…

A: We will find out the required value.

Q: If you have $30,000 in a bank account that is paying an interest rate of 4 percent that is being…

A:

Q: Shemp has inherited $50,000 from a recently deceased long-lost aunt. He invests his newfound money…

A:

Q: Jocelyn invested $56,000 in an account paying an interest rate compounded continuously. Oliver…

A: JocelynA=P1+R12002Twhere A=amount, P=principal amount, R=rate of intereset and T=time…

Q: $1000 is invested at 6% compounded yearly. According to the rule of 72, how many years will it take…

A: We can find the required time period as below.

Q: How long did it take for an investment of $30,000 to grow to at least $36,000 at 2.75% compounded…

A:

Q: If you invest $2090 compounded annually at 9.2%, how long will it take to double your investment?…

A:

Q: Amy wants to buy a bond that will mature to $5500 in eight years. How much should she pay for the…

A: Consider the following formula of compound interest compounded continuously: Pt=P0ert…

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

A:

Q: If an investment has an interest rate of 3.75%, compare the amount of time it will take for the…

A:

Q: How long (in years) will it take $4,000 to grow to $6,000 if the investment earns interest at the…

A: Given, Initial Value P=$4000 Future Value A=$6000 Rate of interest r=3%=0.03 compounded monthly Time…

Q: At what nominal rate, compounded every 2 months, would $7,000.00 have to be invested to amount to…

A: Compound Interest: The formula for the compound interest is given by, Where A is the final Amount,…

Q: A retirement savings plan pays 4.5% interest, compounded continuously. How long will it take for an…

A: Given: A retirement savings plan pays 4.5% interest, compounded continuously. To find: Time in which…

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: If you invest $1147 compounded annually at 8.5%, how long will it take to double your investment?…

A:

Q: A company needs $4,000,000 in 6 years in order to expand their factory. How much should the company…

A: Given: a company needs $4,000,000 in 6 years to expand their factory.

Q: Peyton is going to invest $71,000 and leave it in an account for 18 years. Assuming the interest is…

A:

Q: Twenty years ago, Euler deposited $3000 into a college savings account which pays 4% interest,…

A: We can find the current value of the investment as below using continuous  compound interest…

Q: Matthew invested $4,700 in an account paying an interest rate of 3% compounded monthly. Peyton…

A: We have to find the difference between the amount received by Matthew and Peyton.

Q: How long will it take $14000 to grow to $16000 if it is compounded quarterly at a rate of 3.1%?…

A:

Q: How much money needs to be invested now to get​ $2000 after 4 years at​ 8% compounded​ quarterly?…

A: Let's find.

Q: At what nominal rate compounded quarterly would $20,000 have to be invested to amount to $26,425.82…

A:

Q: Evan is going to invest in an account paying an interest rate of 6.1% compounded continuously. How…

A: Evan is going to invest in an account paying an interest rate of 6.1% compounded continuously. How…

Q: To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually?

A:

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: John wants to buy a new sports car, and he estimates that he'll need to make a $4,550.00 down…

A:

Q: Suppose $9500 is invested at 6% interest, compounded annually.  Approximately how long will it take…

A: Given Principal =$9500  rate =6% compounded annually Amount = $12,000

Q: Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How…

A: Let the amount invested in the account be P Final value of amount in the account(A) is $310 Number…

Q: An investment of $2000 grows at a rate of 3% per year, compounded quarterly. How long will it take…

A: topic - compound interest

Q: If you have $5000.00 to invest at a rate of 3.5% compounded monthly, how long would it take to save…

A: The savings obtained by investing an amount P at an interest rate of r % (compounded monthly) for t…

Q: A company needs $5,600,000 in 8 years in order to expand their factory. How much should the company…

A: To find P if the interest compounded weekly, substitute 5600000 for A, 8 for t, 0.08 for r and 52…

Q: Tyler invested $350 in an account paying an interest rate of 4.5% compounded continuously. Assuming…

A:

Q: Joshua invested $99,000 in an account paying an interest rate of 4,% compounded continuously.…

A: Given Joshua invested $99,000 in an account paying an interest rate of 412% compounded continously…

Q: If you need $50,000 four years from now, what is the minimum amount of money you need to deposit…

A: A = $50000 , R =3% , t=4 years1) Compounded annuallyA =…

Q: Lucy invested $30,000 in an account paying an interest rate of 6.6% compounded continuously.…

A: given that principle amount invested is p=$30000rule of interest, r=6.6%=0.066time period, t=9 years