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How many years are required for an investment to double in value if it is appreciating at the rat...
How many years are required for an investment to double in value if it is appreciating at the rate of 9% compounded continuously? At 9% compounded continuously, the investment doubles in Round to one decimal place as needed.) years.
How long does it take for an investment to double in value if it is invested at 6% compounded quarterly? Compounded continuously? At 6% compounded quarterly, the investment doubles in about (Round to two decimal places as needed.) years.
(a) How long will it take an investment to double in value of the Interest rate is 6% compounded continuously? (Round your answer to one decimal place.) 11.6 years (b) What if the interest is compounded annually? (Round your answer to one decimal place.) x years
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...
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.)
QUESTION 4 How many years will it take for an investment of $1,009 to grow to $2,456 if it is invested at 8% compounded semiannually? Please round your answer to the second decimal (e.g. 0.00) QUESTION What is the effective annual rate (EAR) with an annual rate of 10.21% compounded continuously? Please round your answer to the fourth decimal. (e.g. if the answer is 1.11%, you should input 0.0111).
Find the interest rate for a $7500 deposit accumulating to $12,042, compounded annually for 8 years. The interest rate is %. (Do not round until the final answer. Then round to two decimal places as needed.) Find the face value of the zero-coupon bond. 17-year bond at 5.4%; price $6000 The face value will be $ (Do not round until the final answer. Then round to the nearest dollar as needed.) Find the face value of the zero-coupon bond. 20-year...
A company will need $30,000 in 8 years for a new addition. To moet this goal, the company deposits money in an account today that pays 11% annual interest compounded quarterly. Find the amount that should be invested to total $30,000 in 8 years The company should invest $ (Do not round until the final answer. Then round to the nearest dollar as needed.) Assume the consumption of electricity is increasing at 8% per year. If it continues to increase...
please help! How many years will it take for an initial investment of $30,000 to grow to $45,000? Assume a rate of interest of 2% compounded continuously It will take about years for the investment to grow to $45,000 (Round to two decimal places as needed.)
a Question 22 3 pts Find out how long it takes a $3000 investment to double if it is invested at 8% interest compounded semiannually. Round to the nearest tenth of a year. Use the interest formula A P(1 + )" nt = 8.6 years 9 years 8.8 years 9.2 years