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Question 7 Find the final value of account where $550 is compounded continuously for 3 years...
Suppose you deposit $6000 at 7% interest compounded continuously. Find the average value of your account...
Suppose you deposit $6000 at 7% interest compounded continuously. Find the average value of your account during the first 3 years.
o continuously for 7 years, the account balance is 3. Find the account balance for the...
o continuously for 7 years, the account balance is 3. Find the account balance for the following when 5650 is invested with an anna interest rate of 0.4% when the interest is compounded a) monthly for 45 years, the account balance is b) seriamaly for 56 months, the account balance is c) quartery for 225 years, the account balance is continuously for 3 years, the account balance is 4. Find the doubling time found to the nearest hundredth when $2.500...
Compounded Continuously 1. How much money will be in the account after 5 years if $2030...
Compounded Continuously 1. How much money will be in the account after 5 years if $2030 is deposited at 4% compounded continuously? 2. Determine the amount of interest earned in 5 years if $2030 is deposited at 4% compounded continuously? 3. Inflation is running at 0.8% per month when you deposit $3000 in an account earning 6% compounded continuously. In constant dollars, how much will you have 2 years from now? 4. Find the present value of $12,075 if money...
a. $4,200 is invested with a 5.2 % APR compounded continuously. What is the value of...
a. $4,200 is invested with a 5.2 % APR compounded continuously. What is the value of the investment after 13 years? Preview b. $700 is invested with a 3.5% APR compounded continuously. What is the value of the investment after 13 years? Preview c. $2,100 is invested with a 4.6% APR compounded continuously. What is the value of the investment after 13 years? Preview Submit Question 1. Points possible: 3 Unlimited attempts. Message instructor about this question Post this question...
if $2000 is deposited into an account earning 8% interest compounded continuously, what is the value...
if $2000 is deposited into an account earning 8% interest compounded continuously, what is the value of the account after 5 years?
Find the amount of money (Future Value) in an account where $3,300 is deposited (Present Value)...
Find the amount of money (Future Value) in an account where $3,300 is deposited (Present Value) at an interest rate of 6% per year compounded continuously and the money is left in the account for 12 years. The final amount is $ Round your answer to 2 decimal places
an account at an interest rate r compounded conltinuously, then the amount A (caled the future value of P) in the a...
an account at an interest rate r compounded conltinuously, then the amount A (caled the future value of P) in the account t years from now wil be A P Solving the equation for P, we get PrAcft, In this formulation, Pis called the present value of the investment. (a) Find the present value of $400,000 at 6% compounded continuously for 25 years (b) Find the interest rate compounded continuously that is needed to have $40,000 be the present value...
The future value at 5.5% Interest, compounded continuously for 7 years of the continuous income stream...
The future value at 5.5% Interest, compounded continuously for 7 years of the continuous income stream with rate of flow f(t) = 2.250 -0.021 is $18,008. Compute the interest earned Type an integer or a decimal)
Find the final amount of money in an account if $1,400 is deposited at 2 %...
Find the final amount of money in an account if $1,400 is deposited at 2 % interest compounded quarterly (every 3 months) and the money is left for 5 years. The final amount is $ Round answer to 2 decimal places Submit Question You deposit $4000 in an account earning 5% interest compounded continuously. How much will you have in the account in 10 years? Use this formula and round to the nearest cent. A Pem 5
2. A laptop computer that costs $1150 new has a book value of $550 after 2...
2. A laptop computer that costs $1150 new has a book value of $550 after 2 years. (a) Find the exponential model V = aekt (b) What is value of the laptop after 3 years? 3. Suppose you deposit $4000 in an account paying 3.1% interest per year. (a) How much money is in the account after 7 years if the compounded Continuously? A = Pere (b) How long will it take to double your money?
o continuously for 7 years, the account balance is 3. Find the account balance for the following when 5650 is invested with an anna interest rate of 0.4% when the interest is compounded a) monthly for 45 years, the account balance is b) seriamaly for 56 months, the account balance is c) quartery for 225 years, the account balance is continuously for 3 years, the account balance is 4. Find the doubling time found to the nearest hundredth when $2.500...
Compounded Continuously 1. How much money will be in the account after 5 years if $2030 is deposited at 4% compounded continuously? 2. Determine the amount of interest earned in 5 years if $2030 is deposited at 4% compounded continuously? 3. Inflation is running at 0.8% per month when you deposit $3000 in an account earning 6% compounded continuously. In constant dollars, how much will you have 2 years from now? 4. Find the present value of $12,075 if money...
a. $4,200 is invested with a 5.2 % APR compounded continuously. What is the value of the investment after 13 years? Preview b. $700 is invested with a 3.5% APR compounded continuously. What is the value of the investment after 13 years? Preview c. $2,100 is invested with a 4.6% APR compounded continuously. What is the value of the investment after 13 years? Preview Submit Question 1. Points possible: 3 Unlimited attempts. Message instructor about this question Post this question...
Find the amount of money (Future Value) in an account where $3,300 is deposited (Present Value) at an interest rate of 6% per year compounded continuously and the money is left in the account for 12 years. The final amount is $ Round your answer to 2 decimal places
an account at an interest rate r compounded conltinuously, then the amount A (caled the future value of P) in the account t years from now wil be A P Solving the equation for P, we get PrAcft, In this formulation, Pis called the present value of the investment. (a) Find the present value of $400,000 at 6% compounded continuously for 25 years (b) Find the interest rate compounded continuously that is needed to have $40,000 be the present value...
The future value at 5.5% Interest, compounded continuously for 7 years of the continuous income stream with rate of flow f(t) = 2.250 -0.021 is $18,008. Compute the interest earned Type an integer or a decimal)
Find the final amount of money in an account if $1,400 is deposited at 2 % interest compounded quarterly (every 3 months) and the money is left for 5 years. The final amount is $ Round answer to 2 decimal places Submit Question You deposit $4000 in an account earning 5% interest compounded continuously. How much will you have in the account in 10 years? Use this formula and round to the nearest cent. A Pem 5
2. A laptop computer that costs $1150 new has a book value of $550 after 2 years. (a) Find the exponential model V = aekt (b) What is value of the laptop after 3 years? 3. Suppose you deposit $4000 in an account paying 3.1% interest per year. (a) How much money is in the account after 7 years if the compounded Continuously? A = Pere (b) How long will it take to double your money?
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