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Question 5 1 pts You invest a sum of money in an account that pays 7.37%...
Please Explain Question 5 0/1 pts You invest a sum of money in an account that...
Please Explain
Question 5 0/1 pts You invest a sum of money in an account that pays 7.62% compounded continuously. How many weeks must you leave this sum invested to double your money Express your answer in weeks to the nearest whole number of weeks You Answered 468 Correct Answer473.0 margin of error +/- 1.0
Question 1 1 pts You invested a sum of money 6 years ago at 10% simple...
Question 1 1 pts You invested a sum of money 6 years ago at 10% simple interest. Today the investment is worth $18,000. How much was your original investment? Express your answer in $to the nearest whole $.
You have $520 in an account which pays 4.3% compounded annually. If you invest your money...
You have $520 in an account which pays 4.3% compounded annually. If you invest your money for 10 years, then how many dollars of interest will you earn by the end of the term?
If you deposit money today in an account that pays 3.4% annual interest, how long will...
If you deposit money today in an account that pays 3.4% annual interest, how long will it take to double your money? Round your answer to the nearest whole number. years
I invest a large sum of money into an account that gives 3.5% annual interest compounded...
I invest a large sum of money into an account that gives 3.5% annual interest compounded monthly. I leave the money in the account for 20 years. At the end of the 20 years I now have $420,300. How much did I originally invest?
please answer clearly year month 19. You plan to invest all of your money into an...
please answer clearly
year month 19. You plan to invest all of your money into an account for the next 18 months. After thorough research you have found 3 accounts that you are considering. The first account pays 3.1% interest and is compounded monthly. The second account pays 3.25% interest and is compounded annually. The third account pays 3% interest and is compounded continuously. Which account will yield the best return? A=P SA= .03250) Aspen Aspe 03 (105) 15. Untreated,...
8) You invest in a bank account which pays 6 percent compounded continuously. You withdraw money...
8) You invest in a bank account which pays 6 percent compounded continuously. You withdraw money continuously at a rate of $4000 per month. Let B be the balance in dollars and t be time in years. Suppose you initially start with $300000. 8a) (10 points) Set up a differential equation for this situation. Include the initial condition. Do NOT solve. 8b) (8 points) Find the equilibrium for your differential equation. Is it stable or unstable?
Time for a lump sum to double If you deposit money today in an account that...
Time for a lump sum to double If you deposit money today in an account that pays 14.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.
TIME FOR A LUMP SUM TO DOUBLE If you deposit money today in an account that...
TIME FOR A LUMP SUM TO DOUBLE If you deposit money today in an account that pays 10.5% annual interest, how long will it take to double your money? Round your answer to two decimal places.
Exercise 4A. 1. An ex-pupil of a school wishes to invest a sum of money into...
Exercise 4A. 1. An ex-pupil of a school wishes to invest a sum of money into an account paying 7.5% interest, compounded annually, so that every year thereafter $600 can be made available from the account as an award to a deserving student. Explaining your reasoning determine how much money needs to be invested to make this perpetual award possible.
Please Explain
Question 5 0/1 pts You invest a sum of money in an account that pays 7.62% compounded continuously. How many weeks must you leave this sum invested to double your money Express your answer in weeks to the nearest whole number of weeks You Answered 468 Correct Answer473.0 margin of error +/- 1.0
Question 1 1 pts You invested a sum of money 6 years ago at 10% simple interest. Today the investment is worth $18,000. How much was your original investment? Express your answer in $to the nearest whole $.
I invest a large sum of money into an account that gives 3.5% annual interest compounded monthly. I leave the money in the account for 20 years. At the end of the 20 years I now have $420,300. How much did I originally invest?
please answer clearly
year month 19. You plan to invest all of your money into an account for the next 18 months. After thorough research you have found 3 accounts that you are considering. The first account pays 3.1% interest and is compounded monthly. The second account pays 3.25% interest and is compounded annually. The third account pays 3% interest and is compounded continuously. Which account will yield the best return? A=P SA= .03250) Aspen Aspe 03 (105) 15. Untreated,...
8) You invest in a bank account which pays 6 percent compounded continuously. You withdraw money continuously at a rate of $4000 per month. Let B be the balance in dollars and t be time in years. Suppose you initially start with $300000. 8a) (10 points) Set up a differential equation for this situation. Include the initial condition. Do NOT solve. 8b) (8 points) Find the equilibrium for your differential equation. Is it stable or unstable?
Exercise 4A. 1. An ex-pupil of a school wishes to invest a sum of money into an account paying 7.5% interest, compounded annually, so that every year thereafter $600 can be made available from the account as an award to a deserving student. Explaining your reasoning determine how much money needs to be invested to make this perpetual award possible.
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