How many years are required for an investment to double in value if it is appreciating at the rate of 9% compounded continuously? ..... At 9% compounded continuously, the investment doubles in lyears. (Round to one decimal place as needed.) ei

Q: How much money must be deposited today to become $2200 in 30 years at 4.5% compounded continuously?…

A:

Q: A woman invests $5800 in an account that pays 6% interest per year, compounded continuously. (a)…

A: Given principal (P)=$5800 interest rate=6%=0.06 to find the amount at time in (a) and (b)

Q: Compute the compound interest. 7) How long will it take for $600 to grow to $26,600 at an interest…

A: for the continuous compound, the formula is  A=Pert A=26600 P=600 r=6.2%=0.062

Q: Assume that there are no deposits or withdrawals An initial investment of $6,000 earns 8.7%…

A:

Q: $13,000 is deposited into a savings account with an annual interest rate of 3% compounded…

A:

Q: Find the compound amount and compound interest if ​$4000 is invested for nine years and interest is…

A: We will use the formula to find the compound interest .

Q: Recently, a certain bank offered a 10-year CD that earns 2.16% compounded continuously. Use the…

A: We have to find gross amount

Q: How much money must you invest now at 4.2% interest compounded continuously in order to have $10,000…

A:

Q: How much money must you invest now at 4.4% interest compounded continuously in order to have $10,000…

A:

Q: A) Find the time it takes for $9,500 to double when invested at an annual interest rate of 7%,…

A: principle P$9,500   annual interest rate of 7%, compounded time take to double amount?  B.…

Q: How much money must you invest now at 4.4% interest compounded continuously in order to have $10,000…

A: Use formula to calculate

Q: Find the compound amount and compound interest if​$4000 is invested for five years and interest is…

A:

Q: consider an investment where $43000 is invested for years at 8% compounded continuously? how much…

A:

Q: (b) How long does it take if the interest is compounded continuously? 37. What rate of interest…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: A family invests $10,000 in a bank at a rate of 4% compounded continuously. (Round your answer to…

A: Hey, since there are multiple sub-parts posted, we will answer the first 3 sub-parts. If you want…

Q: How long does it take for an investment to double in value if it is invested at 5% compounded…

A:

Q: How much money must you invest now at 4.6% interest compounded continuously in order to have $10,000…

A: at 4.6% interest compounded continuously in order to have $10,000 at end of 5 years.

Q: How long does it take for a deposit of $800 to double at 9% compounded continuously? How many years…

A: I am attaching image so that you understand each and every step.

Q: Investing. How many years will it take $10,000 to grow to $18,800 if it is invested at 9% (A)…

A: Both the answers are given below

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A: Let the initial amount be P Final amount is 2P rate of interest, r =7%

Q: 35. (a) How long does it take for an investment to double in value if it is invested at 8%…

A: Formula for amount if interest is compounded periodically is given as: A=P1+rnnt, where A is future…

Q: how long will it take for an investment of $9,000 to double if the investment earns interest at the…

A:

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: if $3,500 is invested at an interest rate of 2.75% per year, compounded continuously, find the value…

A:

Q: Suppose $40,000 is borrowed for 5 years at 3% interest. Find the interest paid over this period if…

A: We’ll answer the first three subparts since the exact three weren’t specified. Please submit a new…

Q: How long does it take for an investment to double in value if it is invested at 6 % compounded…

A:

Q: A deposit of $4000 is made in an account that earns interest at an annual rate of 7.5%. Determine…

A:

Q: In the formula A(t) = Pe for continuously compound interest, the letters P, r, and t stand for…

A:

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A:

Q: $4,000 was invested in an account that pays 3.5% interest compounded continuously. How many years…

A:

Q: Which of the given interest rates and compounding periods would provide the better investment?(a) 5%…

A: r=5%=0.05, n=2 a). By using compound interest formula, we have A=P1+rnn·t=P1+0.0522t=P1.0252t

Q: Find the time it takes for $7,900 to double when invested at an annual interest rate of 7%,…

A:

Q: Use the continuously compound interest formula A=Pert to approximate the final value of $1500 at…

A: Given  A=PertP=$1500r=0.75%t=8 years.

Q: a) how long will it take an investment to double in value if the interest rate is 6% compounded…

A: Given that the investment has doubled. ie., A(t) = 2A(0)  ....(1) Interest rate is 6%

Q: Find the value of $1000 deposited in a bank at 12% interest for 8 yearsif it is compounded:   a)…

A: Given that: P=principle amount= $1000 r=interest rate=12%=0.12 t=time=8 years A= final amount

Q: Assume that there are no deposits or withdrawals. An.initial.inv.estment of $2,000 earns 7%…

A:

Q: How do I solve these?

A: a) It is given that, a deposit of $525 in an account that earns an annual rate of 4%.The time it…

Q: Calculate the amount of INTEREST earned in an account with initial investment of $25,000 in 10 years…

A:

Q: 8) Find the balance in an account when $2000 is deposited for 10 years at an interest rate of 9%,…

A:

Q: a Credit How much should be invested now at an interest rate of 3% per year, compounded…

A:

Q: Having received a large inheritance, a child's parents wish to establish a trust for the child's…

A:

Q: An employee wants to invest $60,000 in a pension plan. One investment offers 4% compounded…

A: given(1st plan)P=$60000, R=4%,n=6yearsfor compounded quaterlyA=P(1+R4x100)4n A=60000(1+44x100)4x6…

Q: How much money must be deposited today to become $2250 in 30 years at 5.5% compounded continuously?…

A:

Q: How many years are required for an investment to double in value if it is appreciating at the rate…

A:

Q: If you invest $5000 compounded continuously at 4% p.a. how much will this investment be worth in 5…

A: The initial amount P=$5000 Rate of interest r=4%=4100=0.04 p.a. The time period t = 5 years

Q: The interest on a bank savings account is compounded continuously, with an annual interest rate of…

A:

Q: Consider an investment where $47,000 is invested for 5 years at 8% compounded continuously.  How…

A:

Q: How long does it take for an investment to double in value if it is invested at 5​% compounded…

A:

Q: Find the compound amount and compound interest if ​$3500 is invested for sixyears and interest is…

A:

Q: balance

A: