13. + -14 points LarPCalc9 3.5.010 My Notes + Complete the table assuming continuously compounded interest....
Complete the table for a savings account in which interest is compounded continuously. (Round your answers to four decimal places.) Initial Annual Time to Amount After Investment % Rate Double 14 Years $250 $335.21
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
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.) $ Need Help? Read Watch It Talk to a Tutor
7. -/3 points HarMath Ap 12 6.5.017. My Notes Ask Your Teacher The problem describes a debt to be amortized. (Round your answers to the nearest cent.) A man buys a house for $320,000. He makes a $150,000 down payment and amortizes the rest of the purchase price with semiannual payments over the next 13 years. The interest rate on the debt is 13%, compounded semiannually. (a) Find the size of each payment. (b) Find the total amount paid for...
R0 - 6000(2–0.078) - Need Help? Watch Talk to Tutor 1/6 points Previous Answers SPRECALC7 4.2.031. My Notes Ask Your Teacher | An investment of $5000 is deposited into an account in which interest is compounded continuously. Complete the table by filling in the amounts to which the investment grows at the Indicated times. (Round your answers to the nearest cent.) Time (years) Amount $ 5435 049 X X Need Help? Wan Submit Answer Practice Another Version - 1 points...
Find the accumulated amount A if the principal Pis invested at the interest rate of r/year for tyr. (Use a 365-day year. Round your answer to the nearest cent.) P = $230,000,- 7%, t = 5, compounded daily A=$ X Need Help? Read it Talk to a Tutor Submit Answer DETAILS [0/0.1 Points] PREVIOUS ANSWERS TANAPMATHS 4.1.021. PRACTICE ANG MY NOTES Find the effective rate corresponding to the given nominal rate. (Round your answer to two decimal places.) 12%/year compounded...
13. [-/0.1 Points] DETAILS TANAPMATHS 4.3.036. MY NOTES PRACTICE ANOTHER Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the amount of $18,000 at a rate of 6%/year compounded monthly. Her bank is now charging 11.7%/year compounded monthly for new car loans. Assuming that each loan would be amortized by 36 equal monthly installments, determine the amount of interest she would have paid at the end of 3...
+-/3 points TanFin11 5.3.038. My Notes Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the amount of $17,000 at a rate of 4.1%/year compounded monthly. Her bank is now charging 6.8%/year compounded monthly for new car loans. Assuming that each loan would be amortized by 36 equal monthly installments, determine the amount of interest she would have paid at the end of 3 years for each loan....
Please answer these two questions! These questions are from the chapter integrals. Thanks 8. + 0/1 points Previous Answers SApCalcBr1 6.2.027. My Notes + Ask Your Teacher A retiree is paid $1800 per month by an annuity. If the income is invested in an account that earns 6% interest compounded continuously, what is the future value of the income after ten years? (Round your answer to two decimal places.) $ 295959.60 x Need Help? Read It Talk to a Tutor...
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT (See Quick Examples 1 and 2.] 7.5% per year, compounded daily (assume 365 days/year), after 12 years FV = $ Need Help? Read It Watch It Talk to a Tutor . +-/1 points WaneFM7 2.2.012. Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after...