If P5,000 is invested now at an interest rate of 9% compounded continuously, how much would be at the end of 8 years?

Q: How long will it take $1,400 to triple if it is invested at an annual interest rate of 5.9%…

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Q: If you make an investment of $2,000 and the interest is compounded continuously at 3%, approximately…

A: There are multiple question. As per company policy ask other question separately. Formula for…

Q: If $6000 is invested at 3% compounded continuously, what is the amount after 8 years? The amount…

A: Answer  is   7625

Q: If $35,000 is invested at 2.9% interest compounded continuously, how long will it take for the…

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Q: How long will it take for an investment to triple, if interest is compounded continuously at 7%?…

A: We can find the answer as below.

Q: Joshua is going to invest $680 and leave it in an account for 19 years. Assuming to interest is…

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Q: In 19 years, Anthony Oaks is to receive $300,000 under the terms of a trust established by his…

A: It is given that, the time period is t=19 years,  Future Value (FV)=$300,000 rate of return…

Q: How long will it take an investment to double in value if a 9% continuously compounded interest rate…

A: Let investment = P  If amount double, A = 2P  Interest rate, r = 9% 9100=0.09 Using formula for…

Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

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Q: An account now contains $3,670 and has been accumulating interest at 5% annual interest, compounded…

A: We have to find the amount in the account 5 years ago.

Q: If $2500 is invested at an interest rate of 4.5% per year, compounded continuously, find the value…

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Q: How much money must be deposited today to become $1800 in 50 years at 7.5% compounded continuously?

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Q: A depositor places $10,000 in a certificate of deposit which pays 6% interest per annum, compounded…

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Q: Find the present value of $57,000 due 15 years later at 8%, compounded continuously.

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Q: If you need $400,000 in 18 years for your child's college, how much should you invest TODAY at 2.1%…

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Q: How long will it take an investment to double in value if a 5% continuously compounded interest rate…

A: Rate=5%

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: Suppose you deposit $1000 in an account that earns 6.2 % compounded monthly. a. How much money will…

A: To calculate the total amount compounded monthly, substitute 1000 for P, 6.2% for r, 12 for n and 5…

Q: If $2500 is invested at 3% compounded monthly, find the amount that results after a period of 2…

A: Given : Invested amount : $ 2500  Rate : 3 %  compounded monthly  Time : 2 years

Q: Assume a savings account had $6000 initially, and that the interest rate per year to be compounded…

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

A: The final amount when it is compounded continuously is given by  A=P0ert Where r = interest rate…

Q: Suppose you invest $1600 at an annual interest rate of 4.6 % compounded continuously . How much will…

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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: Find the time it takes for $8,300 to double when invested at an annual interest rate of 11%,…

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

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

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Q: If $2000 is invested at 6% interest, find the amounts due to the nearest cent at the end of 4 years…

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Q: Suppose you invest $1200 at an annual interest rate of 2.3% compounded continuously. How much will…

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Q: If $12,000 is deposited in an account paying 8% interest per year, compounded continuously, how long…

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Q: How much money needs to be deposited now into an account to obtain $1,700 in 5 years if the interest…

A: Total amount of money at the end of nth  year is given by,                               A = P 1 +…

Q: If $4000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest…

A: NOTE: Refresh your page if you can't see any equations. . here we have,  P=4000 r=7.5%=0.075 t=4…

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

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Q: How much will $100 grow to if invested at a continuously compound interest rate of 8.5% for 9 years?

A: The compound interest formula for an amount P compounded annually at an interest rate of r% for a…

Q: Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is…

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Q: Carson invested $2,700 in an account paying an interest rate of 1.6% compounded continuously.…

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Q: Upon the death of his aunt, Lucien receives an inheritance of $40,000, which he invests for 13 years…

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Q: How many years are required for P1,000.00 to increase to P2,000.00 if invested at 9% per year…

A: Solved below

Q: suppose $5,000 is invested in an account at an annual interest rate of 3.7% compounded continuously.…

A: Given,

Q: How long will it take for an investment to​ triple, if interest is compounded continuously at 6​%?…

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Q: How long, to the nearest year, will it take an investment to triple if it is continuously compounded…

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Q: Carter is going to invest $79,000 and leave it in an account for 12 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

Q: If $20,000 is invested at a rate of 5% per year compounded continuously, find the value of the…

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Q: How much was invested into Ed's account that was continuously compounded at 3.9% interest for 15…

A: Compound Interest :  When the interest charged after a certain specified time period is added to…

Q: If you invest $8,600 in an account paying 8.4% annual interest rate, compounded continuously, how…

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Q: . How long, to the nearest year, will it take me to become a millionaire if I invest $1,000 at 10%…

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Q: d. If the same account and interest were compounded continuously, how much money would the account…

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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

Q: balance

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