Homework Answers
Amount after 5 years can be fount using the below equation:
Now using the same formula we need to find the number of years in which the investment will double:
Add Answer to:
Problem 1 If an initial investment of $500 is invested at 1% annually compounded continuously (HINT: Refer to the examp...
B. A principal is invested at 10% interest compounded continuously. After how long will the initial investment be tripled?
A principal is invested at 10% interest compounded continuously. After how long will the initial investment be tripled?
MWENYI It is invested at 5% compounded continuously? Exercise 7. How long will it take to...
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
An investment pays 5% interest compounded continuously. If money is invested steadily at the rate of...
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.)
Suppose $20,000 is invested in an account that returns 9% per year compounded continuously. (Round your...
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
Suppose $8000 is invested at 7% interest compounded continuously. How long will it take for the...
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.
Consider an investment where $49,000 is invested for 15 years at 8% compounded continuously. How much...
Consider an investment where $49,000 is invested for 15 years at 8% compounded continuously. How much will this investment be worth after 15 years? (Round your answer to the nearest cent.) What is the total amount earned in compound interest? (Round your answer to the nearest cent.)
i need 8 answer only 10 If A, dollars is invested at 8%, and compounded continuously...
i
need 8 answer only
10 If A, dollars is invested at 8%, and compounded continuously for t years, the value A of the invest- ment is given by the formula A = AD0.08Deter- mine how long it will take for an investment to double in value. h = -16t2 + 22t + 100 where t represents the time in seconds. Determine when the ball will reach a 8 If a ball is tossed into the air, its height h...
(a) If Angela has $100 to invest at 2.5% interest per year compounded continuously. How long...
(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...
7. All of the following problems involve interest that is being compounded continuously (a) Compute the...
7. All of the following problems involve interest that is being compounded continuously (a) Compute the interest rate needed in order to double an invest- ment every seven years. (b) With a 10% interest, how long will it take to triple my initial investment. (c) Irvin forgot what is the interest rate at his bank. All he knows is that after five years, his initial investment doubled. When will it triple? (Hint: There are two unknowns; one is the interest...
You deposit $8000 in an account earning 5% interest compounded continuously. The amount of money in...
You deposit $8000 in an account earning 5% interest compounded continuously. The amount of money in the account after t years is given by A(t)- 8000e0.06. How much will you have in the account in 3 years? SL Round your answer to 2 decimal places. How long will it be until you have $13300 in the account? decimal places. years. Round your answer to 2 How long does it take for the money in the account to double? decimal places....
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
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.)
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.
i
need 8 answer only
10 If A, dollars is invested at 8%, and compounded continuously for t years, the value A of the invest- ment is given by the formula A = AD0.08Deter- mine how long it will take for an investment to double in value. h = -16t2 + 22t + 100 where t represents the time in seconds. Determine when the ball will reach a 8 If a ball is tossed into the air, its height h...
(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...
7. All of the following problems involve interest that is being compounded continuously (a) Compute the interest rate needed in order to double an invest- ment every seven years. (b) With a 10% interest, how long will it take to triple my initial investment. (c) Irvin forgot what is the interest rate at his bank. All he knows is that after five years, his initial investment doubled. When will it triple? (Hint: There are two unknowns; one is the interest...
You deposit $8000 in an account earning 5% interest compounded continuously. The amount of money in the account after t years is given by A(t)- 8000e0.06. How much will you have in the account in 3 years? SL Round your answer to 2 decimal places. How long will it be until you have $13300 in the account? decimal places. years. Round your answer to 2 How long does it take for the money in the account to double? decimal places....
Most questions answered within 3 hours.
-
2. Use the following information in the table to answer the
following questions. (Numbers are in...
asked 11 seconds ago -
A martial artist is practicing breaking 5 boards. He is able to
break aboard with probability...
asked 12 seconds ago -
The rate constant of a first-order reaction is 2.95 × 10−4 s−1
at 350.° C. If...
asked 3 minutes ago -
The fuel economy of a 2011 Lexus RX 350 2wd 6 cylinder 3.5 L
automatic 5...
asked 8 minutes ago -
i.
the synthesized compund 2-bromo-butanal i have a IR peak at about
3200 and one at...
asked 8 minutes ago -
A
752 mL sample of water was placed in a 1000 gram pan of aluminum.
The...
asked 19 minutes ago -
1.In the context of chelation, what does binding strength mean?
What happens at the molecular level...
asked 12 minutes ago -
Describe two obstacles that makes fixing atmospheric nitrogen
difficult.
asked 31 minutes ago -
Evelyn incorporates her sole proprietorship, transferring it to
newly formed Papaya Corporation. The assets transferred have...
asked 18 minutes ago -
Assume that in a hydrogen atom, the electron circles the nucleus
in a circle of radius...
asked 26 minutes ago -
1 point) Given the significance level α=0.01 find the following:
(a) left-tailed z value z= (b)...
asked 20 minutes ago -
Calculate the expected value, the variance, and the standard
deviation of the given random variable X....
asked 22 minutes ago