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This Question: 1 pt 4 of 17 (0 complete) This Quiz: 17 pts poss An original...
This Question: 1 pt 17 of 17 (1 complete) This Quiz: 17 pts possible How many...
This Question: 1 pt 17 of 17 (1 complete) This Quiz: 17 pts possible How many years will it take for an initial investment of $20,000 to grow to $50,000? Assumo a rate of interest of 2% compounded continuously it will take about years for the investment to grow to $50,000. (Round to two decimal places as needed.)
This Question: 1 pt 3 of 24 (2 complete) Recently, a certain bank offered a 5-year...
This Question: 1 pt 3 of 24 (2 complete) Recently, a certain bank offered a 5-year CD that earns 12.15% compounded continuously. Use the given information to answer the questions. (a) If $20,000 is invested in this CD, how much will it be worth in 5 years? approximately $ (Round to the nearest cent.) (b) How long will it take for the account to be worth $50,000? approximately years (Round to two decimal places as needed.)
This Question: 1 pt 10 of 10 This Quiz: 10 pts poss You work for a...
This Question: 1 pt 10 of 10 This Quiz: 10 pts poss You work for a pharmaceutical company that has developed a new drug. The patent on the drug will last 17 years. You expect that the drugs profits will be $8 million in its first year and that this amount 17 years. Once the patent expires, other pharmaceusical companies will be able to produce the same drug and competition will likely drive profites to zero What is the present...
The function f(x) - 0 04x500 represents the rate of flow of money in dollars per...
The function f(x) - 0 04x500 represents the rate of flow of money in dollars per year. Assume a 10-year period at 8% compounded continuously. Find (A) the present value and (b) the accumulated amount of money sowat 10 (A) The present value iss (Do not round until the final answer. Then round to the nearest cent as needed.) (B) The accumulated amount of money flow at 10 is $ (Do not round until the final answer. Then round to...
This Question: 1 pt 3 of 17 (0 complete Use the periodic compound interest formula How...
This Question: 1 pt 3 of 17 (0 complete Use the periodic compound interest formula How much money will you have in 10 years Il you invest $19,000 at a 5.4% annual rate of interest compounded quartery? How much will you have it is compounded monthly of the interest is compounded quarterly, the amount ahter 10 years will be $(Simplity your answer. Round to the nearest cent) of the interest is compounded monthly, the amount after 10 years will be...
' tuTпорар Score: 0 of 1 pt 5.1.23 Find the compound amount for the given deposit...
' tuTпорар Score: 0 of 1 pt 5.1.23 Find the compound amount for the given deposit and the amount of interest earned. $3500 is invested at 6% compounded quarterly for 6 years The compound amount is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
17. [O/1 Points] DETAILS PREVIOUS ANSWERS An initial investment of $3,000 earns 8% interest compounded continuously....
17. [O/1 Points] DETAILS PREVIOUS ANSWERS An initial investment of $3,000 earns 8% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $ 10709.92 Need Help? Read Watch Talk te Tutor
i think you could ise this method An initial investment of $3,000 earns 6% interest compounded...
i think you could ise this method
An initial investment of $3,000 earns 6% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $10709.92 x Submission 2 (0/1 points) Wednesday, July 29, 2020 10:52 PM CDT An initial Investment of $3,000 earns 8% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $ 7789.92 x Submission 3 (0/1 points) Wednesday,...
This Question: 1 pt 1 of 11 (0 complete) This Quiz: 17 pts possib Find the...
This Question: 1 pt 1 of 11 (0 complete) This Quiz: 17 pts possib Find the area of the shaded region. The graph depicts the standard normal distribution of bone density scores with mean O and Question Help standard deviation 1. -0. The area of the shaded region is (Round to four decimal places as needed.) Enter your answer in the answer box
1 of 15 (0 complete) An investment of $3300 earns interest at 6.6% per annum compounded...
1 of 15 (0 complete) An investment of $3300 earns interest at 6.6% per annum compounded annually for four years. At that time the interest rate is changed to 7% compounded semi-annually. How much will the accumulated value be three-and-a-half years after the change? The accumulated value is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) ndal
This Question: 1 pt 17 of 17 (1 complete) This Quiz: 17 pts possible How many years will it take for an initial investment of $20,000 to grow to $50,000? Assumo a rate of interest of 2% compounded continuously it will take about years for the investment to grow to $50,000. (Round to two decimal places as needed.)
This Question: 1 pt 3 of 24 (2 complete) Recently, a certain bank offered a 5-year CD that earns 12.15% compounded continuously. Use the given information to answer the questions. (a) If $20,000 is invested in this CD, how much will it be worth in 5 years? approximately $ (Round to the nearest cent.) (b) How long will it take for the account to be worth $50,000? approximately years (Round to two decimal places as needed.)
This Question: 1 pt 10 of 10 This Quiz: 10 pts poss You work for a pharmaceutical company that has developed a new drug. The patent on the drug will last 17 years. You expect that the drugs profits will be $8 million in its first year and that this amount 17 years. Once the patent expires, other pharmaceusical companies will be able to produce the same drug and competition will likely drive profites to zero What is the present...
The function f(x) - 0 04x500 represents the rate of flow of money in dollars per year. Assume a 10-year period at 8% compounded continuously. Find (A) the present value and (b) the accumulated amount of money sowat 10 (A) The present value iss (Do not round until the final answer. Then round to the nearest cent as needed.) (B) The accumulated amount of money flow at 10 is $ (Do not round until the final answer. Then round to...
This Question: 1 pt 3 of 17 (0 complete Use the periodic compound interest formula How much money will you have in 10 years Il you invest $19,000 at a 5.4% annual rate of interest compounded quartery? How much will you have it is compounded monthly of the interest is compounded quarterly, the amount ahter 10 years will be $(Simplity your answer. Round to the nearest cent) of the interest is compounded monthly, the amount after 10 years will be...
' tuTпорар Score: 0 of 1 pt 5.1.23 Find the compound amount for the given deposit and the amount of interest earned. $3500 is invested at 6% compounded quarterly for 6 years The compound amount is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
17. [O/1 Points] DETAILS PREVIOUS ANSWERS An initial investment of $3,000 earns 8% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $ 10709.92 Need Help? Read Watch Talk te Tutor
i think you could ise this method
An initial investment of $3,000 earns 6% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $10709.92 x Submission 2 (0/1 points) Wednesday, July 29, 2020 10:52 PM CDT An initial Investment of $3,000 earns 8% interest compounded continuously. What will the investment be worth in 16 years? (Round your answer to the nearest cent.) $ 7789.92 x Submission 3 (0/1 points) Wednesday,...
This Question: 1 pt 1 of 11 (0 complete) This Quiz: 17 pts possib Find the area of the shaded region. The graph depicts the standard normal distribution of bone density scores with mean O and Question Help standard deviation 1. -0. The area of the shaded region is (Round to four decimal places as needed.) Enter your answer in the answer box
1 of 15 (0 complete) An investment of $3300 earns interest at 6.6% per annum compounded annually for four years. At that time the interest rate is changed to 7% compounded semi-annually. How much will the accumulated value be three-and-a-half years after the change? The accumulated value is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) ndal
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