An investment of $10,000 is made at an annual rate of 6% compounded continuously. How long...
How long will it take for an investment to triple if it is compounded continuously at 9%? It will take about years to triple the investment (Round to two decimal places as needed.)
How long will it take for an investment to triple if it is compounded continuously at 4%? It will take about years to triple the Investment. (Round to two decimal places as needed.)
How long will it take for an investment to triple, if interest is compounded continuously at %?
How long will it take for an investment to triple if it is compounded continuously at 13%? It will take about _______ years to triple the investment. (Round to two decimal places as needed)
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.)
How long will it take $5,000 investment to grow to $6,500 at an annual rate of 7% compounded semi-annually
Suppose $8000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $16000? Use the model A(t) = Pe" and round your answer to the nearest hundredth of a year. It will take years for the investment to reach $16000.
Suppose we have an investment that earns interest compounded continuously, and it takes 12 years for an initial investment of $20,000 to grow to $60,000 under this investment. How long does it take for the same initial investment of $20,000 to grow to $80,000? (“ln” below denotes natural log with base “e”)
What is the annual interest rate compounded continuously of an initial investment of $5,000 which grew to $14,000 in 10 years?
Christine O'Brien, who is self-employed, wants to investa. Choose the investment which will earn the most $80,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously. a. Which investment will earn the most interest in 5 years? b. How much more wil the better plan earn? C. What is the effective rate in each case? interest below O compounded continuously O compounded quarterly b. The difference is $ d. If Ms. O'Brien chooses the...