Note: You may need the compound interest formulas, A = P1. - pfe. :) nt or...
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.
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...
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...
QUESTION 4 Use the compound interest formulas A-P1.nt and A- Pelt to solve. Find the accumulated value of an investment of $1130 at 8% compounded annually for 14 years O $2395.60 $3073.17 $2305.20 $3319.03 Click Save and Submit to save and submit. Click Save All Answers to save all answers. hp ts 6 fe fg
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
rt Use the compound interest formulas, A = P 1 + and A = Pe", to solve the following problem. Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded monthly; c. compounded continuously. a. What is the accumulated value, if the money is compounded semiannually? $1 (Round your answer to the nearest cent.)
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...
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
Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $22,000 after 8 years at 3% if the interest is compounded in the following ways. _________annually __________quarterly Find the effective rate of the compound interest rate or investment. (Round your answer to two decimal places.) 25% compounded monthly. [Note: This rate is a typical credit card interest rate, often stated as 2.1% per month.] ________% Since 2007, a particular fund returned 13.9% compounded monthly....
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...