Use the compound interest formulas A = and A=Pe" to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 7% if the money is a compounded semiannually, b. compounded monthly compounded continuously a. What is the accumulated value if the money is compounded semiannually? $ (Round your answer to the nearest cent) b. What is the accumulated value if the money is...
please answer correctly nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
Use the compound interest formulas A=P(1+r/n)nt and A=Pert to solve the problem given. Round answers to the nearest cent.Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 7 %if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously.a. What is the accumulated value if the money is compounded semiannually?b.What is the accumulated value if the money is compounded quarterly?c. What is the accumulated value if the...
Use the compound interest formulas A-P A-P(1.:)" nt and A-Pe to solve. Find the accumulated value of an investment of $2,000 at 7% compounded continuously for 4 years O A $2.521 59 OB. $2,746 26 O C. $2,560.00 OD. $2.646 26
Use the compounds formas A and A-P. solve the problem ven. Round answers to the newest cont Find e comuted value of an investment of $25.000 for 5 years at an interest rate of the money is a compounded semiannually, b.compounded quarterly.c.compounded monthly. d. compounded continuously a. What is the accumulated value the money is compounded annually! (Round your answer to the nearest cent. Do not include the symbol in your answer) b.What is accumulated value the money is compounded...
Use the compound interest formulas A = P1+- and A = Pert to solve. 69) Find the accumulated value of an investment of $5000 at 5% compounded monthly for 8 years. 70) Find the accumulated value of an investment of $ 5000 at 8% compounded continuously for 3,1 3 years.
Hw21 4.1: Problem 7 Previous Problem List Next (1 point) Get hele entering answer See a similar example (PDF) andA-Pe to solve the exercises below. Use the compound interest formulas A Round your answer to the nearest cent and make sure to include the dollar sign Find the accumulated value of an investment of $11070 for 7 years at an annual interest rate of 5.5% if the money is compounded seminannually: compounded monthly: compounded quarterly compounded continuously: Note: You can...
n1 Use the model A - Pe" or A-P where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for years. Victor puts aside $10,000 in an account with interest compounded continuously at 2.2%. How long will it take for him to earn $2000? Round to the nearest month. It will take approximately years and months for him to earn $2000. where A is the future value of P dollars...
P(1+:) or A = Pert to find accumu- 21. Use the compound interest formulas A lated value of an investment of $12,000 for 5 years at an annual interest rate of 3% compounded monthly. Substitute the numbers, do not evaluate. %3D
find the accumulated value of an investment of 25,000 for 4 years at an interest rate of 5%, if the money is a compounded semiannually; b. coumpounded quaterly; c. compounded monthly d. coumpounded continuously.