Find the Interest rate needed for an investment of $8,000 to grow to $11,000 in 10 yr if interest is compounded annually.

Q: Find the value of an investment of $13,775 for 17 years at an annual interest rate of 5.12%…

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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: An investment of $10,000 compounded continuously for 30 years at 10% will be worth.

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Q: In 17 years, Brockton is to receive $120,000 under the terms of a trust established by his…

A: Continuously Compound:  The formula for the compounded continuously is given by…

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: In how many years would it take for $10,000 to grow to $30,013.36 at 13% compounded monthly?

A: To solve this problem, we can use the formula for compound interest: A = P(1 + r/n)^(nt) Where: A =…

Q: How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

A: Given  How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

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: How much should be invested today at 2.7% compounded quartely to have 11,000 in 12years

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Q: ii) How many years would it take for an investor to increase an initial investment of $5 000 to $10…

A: Solution- Initial investment (P)=$5000 Final amount after t years(A)=$10000 Rate(r)=5% or 0.05 Time…

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: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

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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: Find the value of $30,000 invested for 4years at 15.3% interest if the compounding is done…

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Q: Find the interest rate needed for an investment of $3,000 to grow to an amount of $4,000 in 9 years…

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Q: Find the value of an investment of $18,445 for 19 years at an annual interest rate of 3.68%…

A: To solve the problem compounded continuously

Q: . Find the length of time required for $2500 to increase to $3250, if the money was invested at 8%/a…

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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…

Q: A company needs $4,900,000 in 11 years in order to expand their factory. How much should the company…

A: Given: A company needs $4,900,000 in 11 years in order to expand their factory and investment earns…