(25 com J0 is invested in an account that pays interest compounded continuously, how long will it take to grow to $7000 at 7% O A. 10 years O B. 12.148 years Ty C C. 9.902 years O D. 4.852 years Beg

Q: If $6000 is invested at 3% compounded continuously, what is the amount after 8 years? The amount…

A: Answer  is   7625

Q: If $5000 is deposited in a savings account that earns interest at an annual rate of 7.5% interest…

A: Given that $5000 deposited in savings account that earns interest at annual rate of 7.5% compounded…

Q: You deposited $50 into a bank that offers 2.5% interest for 30 years. A: What is simple interest…

A:

Q: Suppose that $19,851 is invested at an interest rate of 5.1 % per year, compounded continuously. A.)…

A: Continuous compounded amount is computed as follows. A=PertP is the inversted amountr is the rate of…

Q: What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0%…

A: Value of the account=P1+rnnt, where P=invested principal, r=Rate of interest,n=number of compounding…

Q: What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0%…

A: Given query is to find the amount after 8 years when compounding continuously.

Q: Find the amount resulting in 12 years, if $25,000 is invested now at an interest rate of 4.25% p.a.…

A: Given that, P=25000, r=4.25%, t=12years

Q: Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years if…

A: Since you have asked multiple question, we will solve the first 3 question for you. If youwant any…

Q: John has won the Maga-Bucks lottery, which pays $100.000 suppose he deposits the money in a saving…

A:

Q: 2. A person invests $2,125 in an account earning 9% per year compounded continuously. How much will…

A:

Q: If $3,000 is invested at 10% compounded continuously, what is the balance after 9 years? $7,378.79…

A:

Q: Use the compound interest formulas A = P1.nt and A = Pert to solve. %3D Find the accumulated value…

A: We have to find  accumulated value of an investment.

Q: An annuity is paid at a rate of $250 per month. Assume that investments can earn interest at 4% per…

A: Given information:Annuity payment rate:  per month.Interest rate:  per year compounded…

Q: 3- Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years…

A:

Q: How long will it take for $3000 to grow to $7000 if the investment earns. an interst rate of 4% per…

A: The compound interest formulaA=P(1+rn)nt WhereA is the future value of the investment.P is the…

Q: Assume that a person have $2000 dollars deposit in their account with 3% annual interest rate…

A:

Q: Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years if…

A: Given that  Initial amount of investment =$5000 Interest rate = 7% = 7/100 = 0.07 Time (t) = 10…

Q: how many years will it take for an initial deposit of p dollars to double if interest is compounded…

A: Given,           The initial deposit is p dollars and the rate of interest is 3%.

Q: f $2000 is deposited in a savings account that earns interest at an annual rate of 4.5% interest…

A: The formula for continuous compounding is given by:         A = Pe^{rt}

Q: Find the interest earned on $ 25 comma 000$25,000 invested for 66 years at 77​% interest compounded…

A: According to the given information, it is required to determine the interest earned on: