will give thumbs up Suppose that P dollars in principal is invested for years at the...
11 2Use the model A = Pent or A = P1+ where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for t years. $9,000 is invested at 5% interest compounded monthly. How long will it take for the investm to double? Round to the nearest tenth of a year. It will take approximately yr for the investment to double. The intensities of earthquakes are measured with seismographs all over...
The intensities of earthquakes are measured with seismographs all over the world at different distances from the epicenter. Suppose that the intensity of a medium earthquake is originally reported as 105.2 times 1. Later this value is revised as 105.9 times I. The local magnitude M (on the Richter scale) of an earthquake of intensity is given by log (6) Part 1 a. Determine the magnitude of the earthquake using the original estimate for intensity. M = 5.2 Part 2...
also determine the magnitude using the revived estimate for intesity The intensities of earthquakes are measured with seismographs all over the world at different distances from the epicenter. Suppose that the intensity of a medium earthquake is originally reported as 10%. times I ,. Later this value is revised as 105.5 times I,. The local magnitude M (on the Richter scale) of an earthquake of intensity is given by log (14) Part 1 out of 3 a. Determine the magnitude...
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...
2Use the model A = Pent or 11 where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for f years. $18,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to double? Round to the nearest tenth of a year. It will take approximately yr for the investment to double. te the table to determine the effect of the number of compounding periods...
1. Suppose $26002600 is invested annually into an annuity that earns 55% interest. If P dollars are invested annually at an interest rate of r, the value of the annuity after n years is given by the following equation. Upper W equals Upper P left bracket StartFraction left parenthesis 1 plus r right parenthesis Superscript n Baseline minus 1 Over r EndFraction right bracketW=P(1+r)n−1r How much is the annuity worth after 5 years? 2. Suppose that $90,000 is invested at...
If P dollars (aka principal) is invested at r% interest compounded annually, then the future value of the investment after n years is given by the formula Future value = P(1 + r/100)n Demonstrate your ability to use C++ syntax to design and develop a program to accept the principal, interest rate and years and displayed the computed future value with 2 decimal places. Use the pow function for this computation. The loop is controlled via the sentinel value, ‘E’....
If P dollars (aka principal) is invested at 1% interest compounded annually, then the future value of the investment after n years is given by the formula Future value = P(1 + r/100)" Demonstrate your ability to use C++ syntax to design and develop a program to accept the principal, interest rate and years and displayed the computed future value with 2 decimal places. Use the pow function for this computation. The loop is controlled via the sentinel value. ‘E....
012-001-Mathematics 012-13293.202010. Solve. The amount A that principal P will be worth after t years at interest rate i, compounded annually, is given by the formula A - P(1) How long will it take for an investment to double with a 3.5% interest rate? (Round to the nearest year) Select one: A. 2 years B. 23 years C. 21 years D. 20 years Convert to degree measure. Round to two decimal places, if necessary. 112 Select one: A. 247.5 B....
a. Find the FV of $1,000 invested to earn 10% annually 5 years from now. Answer this question by using a math formula and also by using the Excel function wizard. Inputs: PV = 1000 I/YR = 10% N = 5 Formula: FV = PV(1+I)^N = Wizard (FV): $1,610.51 Note: When you use the wizard and fill in the menu items, the result is the formula you see on the formula line if you click on cell E12. Put the...