Joshua is going to invest $680 and leave it in an account for 19 years. Assuming to interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Joshua to end up with $1,680?

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: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

A: For compounded continuously  A=Pertr = ln(AP)t   Here,  A=$600P=$270t=20

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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: Find the time it takes for $6,400 to double when invested at an annual interest rate of 4%,…

A: Given: sum, P=$6,400 r=4%=4100=0.04 We have to find time in which given sum becomes double. So,…

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: 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: Melanie invested $9,800 in an account paying an interest rate of 4 1/2​% compounded quarterly.…

A: Follow the procedure given below.

Q: One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on…

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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 many years will it take $1,000 to grow to $1,900 if it is invested at 3.50% compounded…

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Q: If an investment of $7740 grows to $9635 in 6 years at continuously compounded interest, what is the…

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Q: How much should be invested now at an interest rate of 6% per year, compounded continuously, to have…

A: Given that, Interest rate (r) = 6% or 0.06 per annum compounded Final amount (A) = $ 3500 Time…

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

A:

Q: A building was bought for $150,000 and sold 10 years later for $400,000. What interest rate…

A: given: A building was bought for $150,000 and sold 10 years later for $400,000. we have to determine…

Q: Savannah is going to invest $220 and leave it in an account for 12 years. Assuming the interest is…

A: We have, Savannah is going to invest $220 and leave it in an account for 12 years and at the end,…

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A: Solve for the rate of interest

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

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

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Q: How long will it take for an investment to triple, if interest is compounded continuously at 8%? It…

A:

Q: Avery is going to invest $270 and leave it in an account for 20 years. Assuming the interest is…

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Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

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Q: Jerome will be buying a used car for ​$9,000 in 3 years. How much money should he ask his parents…

A: Use compound interest formula.

Q: How many years will it take $10,000 to grow to $16,200 if it is invested at 3.50% compounded…

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Q: How long, to the nearest hundredth of a year, would it take an initial principal P to triple if it…

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Q: Sarah is going to invest $280 and leave it in an account for 9 years. Assuming the interest is…

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Q: Suppose you have $3000 to invest. Which investment yields the greater return over 10 years: 6.5%…

A: Let's consider the given scenarios:                          When the interest is compounded…

Q: Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is…

A:

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

A:

Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

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

A: Solved below

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A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Brayden now has $2,500 in her CD, which has compounded continuously over a period of 12 years. She…

A: Given: Principle amount: (P)=$1,800  Amount after 12 years A=$2,500 Rate of interest=? The formula…

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: Adrian is going to invest $9,900 and leave it in an account for 10 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: How much is in an account after 10 years if $1000 is invested at an interest rate of 2.4%/year…

A: (a)Given:

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

A:

Q: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

A: If $20,000 is invested at 2.8% compounded continuously, what is the amount in 5 years?

Q: Suppose that you have $14,000 to invest. Which investment yields the greater return over 10 years:…

A: To Determine : Which investment yields the greater return . Given: Suppose that you have $14,000 to…

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

A: Given

Q: Kinsey has invested $28,000 into an account that pays 9% compounded continuously. How long will it…

A:

Q: Samuel is going to invest in an account paying an interest rate of 5% compounded continuously. How…

A: GIVEN: Rate = 5 Time = 9 years

Q: Joshua is going to invest $490 and leave it in an account for 5 years. Assuming the interest is…

A: Solution:-