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What interest rate is required for an investment with continuously compounded interest to double in 8 years?
It is approx 8.66%
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.
What is the present value of 10000 in 10 years at 6 percent annual rate compounded continuously?
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
How much would 500 invested at 4 percent interest compounded continuously be worth after 7 years?
661.56
Related Questions
How many years will it take for a 50 investment to grow to 100 if it is compounded continuously at a rate of 10 percent?
in 8 years it wll be 107.179
What interest rate is required for an investment with continuously compounded interest to double in 8 years?
It is approx 8.66%
If 1500 dollars is invested at an interest rate of 3 point 5 percent per year compounded continuously find the value of the investment after 3 6 and 18 years.?
If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.
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 would 900 invested at 6 percent compounded continuously be worth after 4 years?
1136.23
How much would 250 invested at 10 percent interest compounded continuously be after 8 years?
556.34
What is the present value of 10000 in 10 years at 6 percent annual rate compounded continuously?
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
How much would 200 invested at 10 percent interest compounded continuously be worth after 10 years?
543.66
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
How much would 400 invested at 9 percent interest compounded continuously be worth after 3 years?
523.97
How much would 220 invested at 10 percent interest compounded continuously be worth after 12 years?
730.43
How much would 500 invested at 4 percent interest compounded continuously be worth after 7 years?
661.56
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