How much money invested at 5% compounded continuously for 3 years will result in $82

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: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: A=New balance=? P=Amount invested=$800 r=Rate=4.25%=0.0425 t=Time=5 years n=Number of times it is…

Q: $600 invested at 5% compounded daily after a period of3 years

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Q: Jane currently pays a $723 premium for health insurance. If the premium increases at a rate of…

A: P= pert

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

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Q: How long will it take $5,000 to grow to $20,000 if it is invested at 7% compounded monthly? _____…

A: We know the formula for compound interest, A = P1 + rnnt Where,  A = Final amount.              P =…

Q: Shemp has inherited $50,000 from a recently deceased long-lost aunt. He invests his newfound money…

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Q: To have $4400 in 4 years, how much do you need to invest now at 7.4% compounded semi- annually?

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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: 2. How many years will it take for an investment to double in value if it earns 5% compounded…

A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: What rate of interest compounded annually is required to triple an investment in 10 years

A: Compound interest formula: A=P 1+rnnt. Given that rate of interest compounded annually is required…

Q: Tessa invests $5600 in a new savings account which earns 3.9% annual interest, compounded…

A: From the given data:

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: how much time it will take for $2500 to become 2809rs at 6%per annum compounded annually

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Q: If Hannah places $ 4500 into an account earning 4.5% interest compounded continuously, how much will…

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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: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

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Q: If you invest $1147 compounded annually at 8.5%, how long will it take to double your investment?…

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Q: How long will it take $5000 to double if it is invested at 20% compounded quarterly?

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Q: What interest will be earned if $6600 is invested for 2 years at 10% compounded monthly?

A: Given: The principal amount is $6600. The time duration is 2 years. The rate of interest is 10%…

Q: How much will you get out from 1000 that grows at 9% compounded monthly at the end of 17 years?

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Q: If money is worth 7% compounded continuously, find the equated time for paying a loan of P 200,050…

A: Given: Rate of interest, r = 7% Loan amount due in 2 years, A1 = P200,050 Loan amount due in 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 long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per…

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Q: How much money needs to be invested now to get​ $2000 after 4 years at​ 8% compounded​ quarterly?…

A: Let's find.

Q: How much money should be invested in an account that earns 6% interest,  compounded monthly, in…

A: Formula to be used

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: How long will it take $5,750 to become $12,000 at 8% compounded weekly?

A: Principal 'P'= $5750 Amount 'A'=$12,000 rate of interest 'r'=8%=0.08 (compounded weekly)

Q: what rate of interest compounded annually is required to double an investment in 3 years?

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Q: How long will it take $3,000 to grow to $20,000 if it invested at 6% compounded monthly? ___years…

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Q: How much money should be invested monthly at 6% per year, compounded monthly, to have $2000 in 8…

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Q: How much will you need to put away to get 700 after 9 years at 6% compounded monthly?

A: A=700 Time = 9 years ROI = 6% = 0.06 n=12 ( Compounded monthly)

Q: Suppose $9500 is invested at 6% interest, compounded annually.  Approximately how long will it take…

A: Given Principal =$9500  rate =6% compounded annually Amount = $12,000

Q: An investment of $2000 grows at a rate of 3% per year, compounded quarterly. How long will it take…

A: topic - compound interest

Q: How long does it take the amount of money in your wallet to triple if it is invested at 7% interest,…

A: Let initial amount = P So, final amount = A= 3P Interest rate= 7%= 0.07  n= number of times…

Q: How much money should be invested today to accumulate to $10,000 in 10 years at 4.5% compounded…

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Q: How much will 350 grow to in 8 years at 5% compounded monthly?

A: Initial amount= P= 350  Final amount= A=? Interest rate= r= 5%=0.05  Time= t = 8 years Number of…

Q: How much will you need to put away to get 1500 after 13 years at 9% compounded monthly?

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Q: If $200 is invested at 6% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: if 25,000 is invested at 12%, How much will it be worth after 5 years if it is compounded annually?

A: Remember that, Compound interest (or compounding interest) is the interest on a loan or deposit…

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

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Q: How much money should be invested every quarter at 10% per year, compounded quarterly, to have $5000…

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Q: If $100 is invested at 8% compounded monthly what is the amount after 6 years? how much interest is…

A: amount = P (1+r/n)nt Interest = amount - Principal

Q: How long (in years and months) will it take for an investment to double at 3% compounded monthly?

A: If you like the solution then please give it a thumbs up.. The Answer is:     Result = 23.45  It…

Q: How long does it take $2000 to double if it is invested at 4.25% interest, compounded continually?

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Q: If $2500 is invested at an interest rate of 2.5% per year, compounded daily find the value of the…

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