Find the interest rate needed for an investment of $4000 to quadruple in 12 years if interest is compounded monthly

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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Q: Please find the present value if the goal investment is $6,400 after 8 years at 8% compounded…

A: The investment goal is the future value (FV), which is $6,400. The formula to find the present…

Q: after 5 years, you have $14,472.74 in an account that was accumulating interest at 5.5% that was…

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Q: Gem plans to purchase an e-bike in 6 months so they open an account earning an annual interest of…

A: We have to find how much money is needed to open the account in order to reach the goal using given…

Q: Gallant invests starting at age 25 until he retires at age 65. If he invests $2400 each yearat 9.6%…

A: J

Q: Find the interest rate needed for an investment of $3,000 to double in 6 years if interest is…

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Q: A sum of money invested now at 10 percent compounded quarterly is to provide payments of $ 1000…

A: Given: Present value every 3 months = $ 1000 present value in a year = 1000 x 4 = $ 4000 Time = t=…

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: How long will it take to save $20,000 by making deposits of $100 at the end of every month into an…

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Q: Find the accumulated value of an investment of $15,000 for 4 years at an interest rate of 1.55% if…

A: Since you have posted a multi subparts question according to guildlines I will solve first…

Q: student invests $2500 of their wages from their part-time job. They want it to grow to $6000 for a…

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Q: find the general salution of ly-3y12)de = xdy,

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Q: Calculate the amount you would end up with if you invested $5000 at an interest rate of 10.0% per…

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Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

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Q: Suppose you want to accumulate $350,000 for your retirement in 20 years. You find an investment that…

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Q: An investment has grown from $50,000 to $100,000 (which means it doubles ) in 5 years compounding…

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Q: how much money should be invested now in order to have $18,000 in 4 years if the investment earns…

A: A=Final Amount=$18000 t=Number of time periods elapsed=4 years r=Interest Rate=5.4%=0.054 n=Number…