a Question 22 3 pts Find out how long it takes a $3000 investment to double...
find out how long it takes a $2700 investment to double if it is invested by 7% compounded semiannually. Round to the nearest tenth of a year . Use the formula A=P[1+r/n]^nt
Solve the logarithmic equation. Be sure to reject any value that is not in the domain of the original logarithmic expressions. Give the exact answer. 12) log 3 (x+6) + log 3 (x - 6) - log 3x = 2 A) (-3) B) (12, -3) C) (12) D) 12) — Solve the problem. 13) Find out how long it takes a $3100 investment to double if it is invested at 8% compounded semiannually. Round to the nearest tenth of a...
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How many years are required for an investment to double in value if it is appreciating at the rate of 8% compounded continuously? At 8% compounded continuously, the investment doubles in (Round to one decimal place as needed.) years. At what nominal rate compounded continuously must money be invested to double in 6 years? A rate of | % is required for money to double in 6 years. (Do not round until the final answer. Then round to...
How long does it take for an investment to double in value if it is invested at 6% compounded quarterly? Compounded continuously? At 6% compounded quarterly, the investment doubles in about (Round to two decimal places as needed.) years.
1. How long will it take $3000 to grow to $23000 if it is invested at 7% compounded monthly? ____ years (round to nearest year). 2. For services rendered, an attorney accepts a 120-day note for $6,000 at a 8% simple interest from a client. (Both interest and principal are repaid at the end of 120 days.) Wishing to use her money sooner, the attorney sells the note to a third party for $6,060 after 30 days. What annual interest...
[5 pts] How long will it take for an investment to double in value if it earns 10% compounded monthly? Round to 2 decimals.
8.6.50 How long will it take for an investment to triple, if interest is compounded continuously at 7%? It will take years before the investment triples. (Round to the nearest tenth of a year.)
(a) How long will it take an investment to double in value of the Interest rate is 6% compounded continuously? (Round your answer to one decimal place.) 11.6 years (b) What if the interest is compounded annually? (Round your answer to one decimal place.) x years
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...
Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years. Round answer to the nearest cent and do not enter $ sign. (nt) Formula: A=P + Given the quadratic equation, y=ax? + bx + c Find the x-value of the vertex if a=-4, b=16 and c=5. Round answer to the nearest integer. You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and...