find the accumulated value of an investment of 25,000 for 4 years at an interest rate of 5%, if the money is a compounded semiannually; b
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nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
rt Use the compound interest formulas, A = P 1 + and A = Pe", to solve the following problem. Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded monthly; c. compounded continuously. a. What is the accumulated value, if the money is compounded semiannually? $1 (Round your answer to the nearest cent.)
Use the compound interest formulas A=P(1+r/n)nt and A=Pert to solve the problem given. Round answers to the nearest cent.Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 7 %if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously.a. What is the accumulated value if the money is compounded semiannually?b.What is the accumulated value if the money is compounded quarterly?c. What is the accumulated value if the...
Use the compound interest formulas A = and A=Pe" to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 7% if the money is a compounded semiannually, b. compounded monthly compounded continuously a. What is the accumulated value if the money is compounded semiannually? $ (Round your answer to the nearest cent) b. What is the accumulated value if the money is...
Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years. Round answer to the nearest cent and do not enter $ sign. (nt) Formula: A=P + Given the quadratic equation, y=ax? + bx + c Find the x-value of the vertex if a=-4, b=16 and c=5. Round answer to the nearest integer. You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and...
If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded quaterly Find the amount in the bank after 12 years if interest is compounded monthly Finally, find the amount in the bank after 12 years if interest is compounded continuously
An investment pays 5% interest compounded continuously. If money is invested steadily at the rate of $14,000, how much time is required until the value of the investment reaches $140,000? The amount of time required is approximately years. (Type an integer or decimal rounded to the nearest hundredth as needed.)
Investment A offers a l 1% return compounded semiannually, and investment B offers a 10.87% return compounded continuously. Which investment has a higher rate of return over a 4-yr period? a. Investment A b. Investment B How long will it take an investment of $5900 to double if the investment earns interest at the rate of 8% compounded continuously? Please round your answer to two decimal places. a. 8.66 yr b. 9.90 yr c. 7.70 yr d. 7.35 yr 9.86...
An investment promises to quadruple your money in eight years. If the interest is compounded monthly, what effective annual rate would you earn? (Hint: Calculate the monthly rate and convert that to the effective annual rate, EAR.) A. 25.99% B. 21.90% C. 18.92% D. 16.65% E. 41.42% F. 31.95%
16. Suppose $15,000 is invested at an annual rate of 5% for 12 years. Find the compounded amount interest is compounded as follows. a.) Annually b.) Semiannually c.) Quarterly d.) Monthly 17. Find the present value of each compounded amount: a.) $42000 in 7 years, 6% compounded monthly. b) $17,650 in 4 years, 4% compounded quarterly. c.) S 1347.89 in 3 years, 5.5% compounded semiannually. 18. Find the future value of each annuity. a.) S 1288 deposited at the end...