A savings account paying 3% continuously compounded interest has $1600 after 8 years. How much was initially deposited? O $630 $1020 O $1259 O $1159

Q: You deposit $5000 in an account earning 8% interest compounded monthly. How much will you have in…

A: The objective of this question is to calculate the future value of an investment with monthly…

Q: Kaye deposited $7.000 into a savings account today. For how long can $680 be withdrawn from the…

A:

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: We put $2000 in a savings account getting 6% interest compounded daily for 5 years. how much…

A: We put $2000 in a savings account getting 6% interest compounded daily for 5 years. We have to find…

Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: Find the amount of money in an account after 10 years if $1,300 is deposited at 8​% annual interest…

A: Principal p =$1300 deposited  Rate =8% annual compounded monthly Time = 10 years To calculate total…

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: savings account pays simple interest at 6% annually. If the account starts with $5000, how much will…

A:

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 5…

A: Given: Rate of interest 6% compounded monthly Amount A =$4000 interest rate r=6%=0.06 n=12 t=5 years…

Q: How much money would be in an account if $ 700 $ 700 is deposited at 2.5 % 2.5 % interest compounded…

A: Given that, the deposited amount is P=$700, the rate is r=0.025, the interest is compounded weekly…

Q: A deposit of $3, 000 earns 2% interest compounded semiannually. How much money is in the bank after…

A:

Q: To save for retirement, a student invests $30 each month in an ordinary annuity with 3% interest…

A:

Q: You deposit 1000 each year into an account earning 6% interest compounded annually. How much will…

A: This is the problem related to financial mathematics and we are advanced math expert and have option…

Q: Brad invests $3700 in an account paying 3% compounded monthly. How much is in the account after 8…

A: We know,         For principal amount P and rate of interest r% compounded per unit time, the amount…

Q: You deposit $800 every six months into an account that pays 7% p.a interest compounded…

A: Given query is to find the amount of interest earned in 30 years.

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 5…

A: Given, A = Accrued amount = $5000 r = Interest rate = 0.02 n = number of months = 5 t = time…

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A: Let A(t)= amount in t years.P= Prinicipal(Original investment)r=Annual interest rate(in decimal…

Q: A deposit of $2, 150 earns 6% interest compounded quarterly. How much money is in the bank after for…

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