Suppose that P dollars in principal is invested in an account earning 3.4% interest compounded continuously. At the end of 5 yr, the amount in the account has earned $1760.40 in interest. Part: 0 / 2 Part 1 of 2 (a) Find the original principal. Round to the nearest dollar. (Hint: Use the model A = Pet and substitute P+1760.40 for A.) The original principal was approximately 9500 x Part: 1 / 2 Part 2 of 2 (b) Using the original principal from part (a) and the model A = Pet, determine the time required for the investment to reach $11,500. Round to 1 decimal place. Using the original principal from part (a) and the model A = Pe, it will take the investment approximately yr to reach $11,500.

Mrs Galicia started a savings account for her family and started it with an initial deposit of $1600. The account earns 3.75% interest compounded quarterly. a) Write an equation to represent the amount of money in the account as a function of time in years b) How much money will be present in the account in 5 years. Please show works

Teri invested $1500 in an account with an interest rate of 2.25% compounded continuously. How long will it take for Teri's account to earn $5000? Show all steps.

Find how many years it would take for an investment of $3500 to grow to $8400 at an annual interest rate of 7.2% compounded continously. Round your answer to 2 decimal places as needed.