4) Consider an investment of $6000 that earns 4.5% interest. A) Write an equation to describe the value V(t) of the investment at time t if the interest is compounded daily. B) What is the value of the investment after 15 years if the interest is compounded annually? C) How long would it take for the investment to reach $15,000 if the interest is compounded monthly? Round your answer to the nearest tenth. hol

Q: Suppose that Ruby's employer offers a retirement plan. Ruby decides to invest $350 per month into…

A:

Q: Name the formula that you use to solve the following problem. How much money should be deposited…

A:

Q: Find an equation for the balance t years after January 1, 2010 Find the balance at the beginning of…

A: Given, initial balance = Principal = p = 5000 time period = t years rate of interest = r =  5% per…

Q: nd the value of an investment of $3200 after four years a) an account paying 5% interest, compounded…

A: To find the value of an investment of $3200 after four years when,  a) an account paying 5%…

Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

A: Given:Principal amount (P) = $20,000Final amount (A) = double the principal amountInterest rate (r)…

Q: 1A. Write an equation to model this situation. You are investing $3000 that will eam 2.0% interest…

A: Solve

Q: Write an equation that models the amount of money in an account that pays 2.5% annual interest,…

A: Write an equation that models the amount of money inan account that pays 2.5% annual interest,…

Q: A young entrepreneur borrowed $4000 to start a small business. The interest rate on the loan was 8%…

A:

Q: Name the formula that you use to solve the following problem. How much money should be deposited…

A:

Q: You would like to put some money into an account so that you will have $6000 in the account 8 years…

A: Consider the formula to find the present value : PV=FV1+rknk where FV is the future value, r is the…

Q: At the age of 32, to save for retirement, you decide to deposit $70 at the end of each month in an…

A: Formula Used-  A = P1 + rnnt - 1rn where A is the Future value P is the Deposit value at the end of…

Q: Suppose that we deposit $1000 in a bank account offering 3% interest, compounded monthly. How will…

A: Given that $1000 is deposited in a bank account offering 3% which is compounded monthly. It is…

Q: If $19,000.00 is invested in an account for 30 years.. Find the value of the investment at the end…

A:

Q: A deposit of $20,000 is placed in a scholarship fund that earns an annual interest rate of 3.75%…

A:

Q: You invest at 7% interest, compounded weekly. How long does it take your money to double? Show all…

A:

Q: A = P(1 + rt) %3D

A:

Q: Suppose that $80,000 is invested at 7% interest. Find the amount of money in the account after 10…

A: Given that: Principal(P) is 80000, rate of interest(r) is 7% and time(t) is 10 years. The amount is…