Homework Answers
will give thumbs up Suppose that P dollars in principal is invested for years at the...
will give thumbs up
Suppose that P dollars in principal is invested for years at the given interest rates with continuous compounding. Determine the amount that the investment is worth at the end of the given time period. P = $8000, t = 13 yr a. 2% interest b. 4% interest c. 4.5% interest Part 1 out of 3 a. At a 2% interest rate, the investment will be worth $ at the end of 13 yr. 2Use the model...
2Use the model A = Pent or 11 where A is the future value of P...
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...
also determine the magnitude using the revived estimate for intesity The intensities of earthquakes are measured...
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...
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...
The intensities of earthquakes are measured with seismographs all over the world at different distances from...
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...
Use the model A -Pent or A-P -->(1 +)" where A is the future value of...
Use the model A -Pent or A-P -->(1 +)" where A is the future value of P dollars 9 invested at interest rater compounded continuously or n times per year for 1 years. Victor puts aside $4,000 in an account with interest compounded continuously at 2.7%. How long will it take for him toearn $1000? Round to the nearest month. It will take approximately years and months for him to earn $1000.
Use the model A Peor A-P1+ where is the future value of dollars invested at interest...
Use the model A Peor A-P1+ where is the future value of dollars invested at interest rater compounded continuously or times per year for years. If $14,000 is invested in an account earning 7.5% interest compounded continuously, determine how long it will take the money to double. Round up to the nearest year. It will take approximately 9.3 years.
Use the model A=pe" or AFP where A is the future value of P dollars invested...
Use the model A=pe" or AFP where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. If a couple has $40,000 in a retirement account, how long will it take the money to grow to $1,000,000 if it grows by 5.5% compounded continuously? Round up to the nearest year. It will take approximately years.
will give thumbs up
Suppose that P dollars in principal is invested for years at the given interest rates with continuous compounding. Determine the amount that the investment is worth at the end of the given time period. P = $8000, t = 13 yr a. 2% interest b. 4% interest c. 4.5% interest Part 1 out of 3 a. At a 2% interest rate, the investment will be worth $ at the end of 13 yr. 2Use the model...
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...
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...
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...
Use the model A -Pent or A-P -->(1 +)" where A is the future value of P dollars 9 invested at interest rater compounded continuously or n times per year for 1 years. Victor puts aside $4,000 in an account with interest compounded continuously at 2.7%. How long will it take for him toearn $1000? Round to the nearest month. It will take approximately years and months for him to earn $1000.
Use the model A Peor A-P1+ where is the future value of dollars invested at interest rater compounded continuously or times per year for years. If $14,000 is invested in an account earning 7.5% interest compounded continuously, determine how long it will take the money to double. Round up to the nearest year. It will take approximately 9.3 years.
Use the model A=pe" or AFP where A is the future value of P dollars invested at interest rate r compounded continuously or n times per year for t years. If a couple has $40,000 in a retirement account, how long will it take the money to grow to $1,000,000 if it grows by 5.5% compounded continuously? Round up to the nearest year. It will take approximately years.
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