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How much money invested at 10 percent compounded continuously for 3 years will yield 630?
32rosie
630/(1.1)3 = 630/1.331 = 473.33
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∙ 14y ago
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How much money has to be invested at 5.1 percent interest compounded continuously to have 17000 after 14 years?
Type your answer here... $8,324.59
How long will it take for an amount of money invested at an annual rate of 5.75 percent compounded continuously to triple in value?
y = ln(3)/ln(1.0575) = 19.65 years, approx.
How much money should be invested at 14 percent compounded quarterly to yield 12000 at the end of 7 years?
4795.65 (approx).
Matt places 1200 in an investment account earning an annual rate of 6.5 percent compounded continuously Determine the amount of money that Matt will have in account after 10 years?
Matt will have $2,298.65.
How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
How much money has to be invested at 5.1 percent interest compounded continuously to have 17000 after 14 years?
Type your answer here... $8,324.59
How much money has to be invested at 4.3 percent interest compounded continuously to have 19000 dollars after 16 years?
You would need 9687 dollars.
How long will it take for an amount of money invested at an annual rate of 5.75 percent compounded continuously to triple in value?
y = ln(3)/ln(1.0575) = 19.65 years, approx.
How much money invested at 5 percent compounded continuously for 3 years will yield 820?
708.35 will yield 820.004 = 820.00 The annual growth rate is eln(1.05) - 1 or 10log(1.05) - 1
How much money should be invested at 14 percent compounded quarterly to yield 12000 at the end of 7 years?
4795.65 (approx).
How much money must be deposited today to become 2450 in 20 years at 8.5 compounded continuously?
479.26 needs to be invested to get to 2450 after 20 years at 8.5% compound interest.
How much would 900 invested at 6 percent interest compounded continuously be worth after 4 years?
At 6% interest, the total amount of money increases by a factor of 1.06 (100% + 6%) every year, so to get the amount after 4 years, you calculate 900 x 1.064.
How long will it take for money to double in a savings account that is compounded continuously?
Five years
A sum of money invested at 4 percent interest compounded semiannually will double in amount in aprproximately how many years?
I haven't gotten the answer to that test question either....the choices seem wrong
Matt places 1200 in an investment account earning an annual rate of 6.5 percent compounded continuously Determine the amount of money that Matt will have in account after 10 years?
Matt will have $2,298.65.
How much money will there be in an account at the end of 4 years if 11000 is deposited at a 4.5 percent annual rate that is compounded continuously?
11000*(1.045)^4=$13117.70stop cheating on your math homework
Jenny has thrice as much money invested in 15 percent percent as she invested at 12 percent percent if she gets 51300.00 from both investment how much did she invest at each rate?
jenny has thrice as much money invested in 15% as she invested at 12%. if she gets 51,300.00 from both investment how much did she invest at each rate?
