post all work 5. If $245,000 is invested at 2.4% per year continuously, how long will...
Suppose $20,000 is invested in an account that returns 9% per year compounded continuously. (Round your answers to one decimal place.) (a) How long will it take for the investment to double? yr (b) How long will it take for the investment to triple? yr
MWENYI It is invested at 5% compounded continuously? Exercise 7. How long will it take to double an investment at 11.99% com- pounded bi-weekly? Exercise 8. You deposit $17,000 in a savings account. What rata namnaunda
how long would it take for 1000 to double to 2000 paying 2.4% interest compounded continuously
Suppose $8000 is invested at 7% interest compounded continuously. How long will it take for the investment to grow to $16000? Use the model A(t) = Pe" and round your answer to the nearest hundredth of a year. It will take years for the investment to reach $16000.
(a) If Angela has $100 to invest at 2.5% interest per year compounded continuously. How long will it take for Angela's investment to double? If she invested $1,000, how will the doubling time change? (b) Suppose April has access to an investment that will pay 10% interest compounded continuously. Which is better to be given s1000 now and invest or be given 51325 after 3 years without investing? (c) A child's grandparents are considering buying an $80,000 face-value, zero-coupon bond...
5. How long will it take money to double if it is invested at (A) 8% compounded semiannually? (B) 7% compounded semiannually? 6. Bank A offers a 2-year GIC that pays 4.82% compounded continuously and Bank B offers a 2-year GIC that pays 4.85% compounded quarterly. Find the annual percentage yield (or effective rate) for each one Which bank's GIC has the higher return?
Problem 1 If an initial investment of $500 is invested at 1% annually compounded continuously (HINT: Refer to the example in the notes. Can use I(t) for the investment money, p0.001 for the 1% interest) a) Provide the ODE for the investment b) How much wll the investment be worth in 5 years (t=5)? c) How long will it take for the initial investment to double? (hint: find t given It)1000) Problem 1 If an initial investment of $500 is...
$2000 is invested at 10.0% compounded continuously. How long will it take for the balance to reach $4000? Round your answer to two decimal places.
How long does it take for an investment to double in value if it is invested at 10% compounded quarterly? Compounded continuously?
$7550 is invested at 10.0 % compounded continuously. How long will it take for the balance to reach $15100? Round your answer to two decimal places, if necessary. Keypad Answer How to enter your answer years