0
How much money must be deposited today to become 2450 in 20 years at 8.5 compounded continuously?
Wiki User
∙ 5y ago
479.26 needs to be invested to get to 2450 after 20 years at 8.5% compound interest.
Wiki User
∙ 5y ago
Add your answer:
Earn +20 pts
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
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 much money should be deposited today in an account that earns 6 percent compounded semi annually so that it will accumulate to 20000 in five years?
189.89
How much money would have to be deposited now at 3 percent interest compounded monthly to accumulate to 600 in 4 years?
b * 1.03 4*12 = 600 b = 600 / 1.0348 b ≈ 600 / 7.977 b ≈ 145.20
You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
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
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 long will it take for money to double in a savings account that is compounded continuously?
Five years
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 much money invested at 10 percent compounded continuously for 3 years will yield 630?
630/(1.1)3 = 630/1.331 = 473.33
How much money should be deposited today in an account that earns 9.5 compounded monthly so that it will accumulate to 10000 in three yeatrs?
The amount required is 7641.49
How much money should be deposited today in an account that earns 6 percent compounded semi annually so that it will accumulate to 20000 in five years?
189.89
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.
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 must be deposited now at 6 percent interest compounded semiannually to yield an annually payment of 4000 at the end of each six month period for a total of five years round your answer?
$35144.44
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
