An initial deposit of $25,000 earns 1.25% interested and is left in the account for 15 years. How much will be in the account of the interest was compounded continuously?

Q: How much time is n for $300 to accumul

A: Introduction: The formula of compound interest is given by, A=P1+rnnt Where A is the final amount, P…

Q: Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6…

A: Given that Invested amount=$3500 Interest compounded continuously =2.75% Time=6 years To find  How…

Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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

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Q: Money is invested in a saving account earning 5% interest compounded semiannually. How many years…

A: Sol: Let the principal amount, A = x Since they have not mentioned in the question whether interest…

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: 8x/2 = 24, what value for x makes this equation true? ( / means to divide)

A: we simplify it as a solution given below.

Q: Annabelle invested $70,000 in an account paying an interest rate of 6.1% compounded continuously.…

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Q: Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6…

A: Given Principal amount p = $3500 Interest rate r = 2.75% = 0.0275 Time t = 6 years

Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

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Q: How much money will be in the account if $1417.32 is invested for 6 years at 4% annual interest,…

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Q: Find the balance in an accou interest rate of 3.8% per yea

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Q: You deposit $5000 in an account earning 6% interest compounded continuously. How much will you have…

A: We know that final amount A=Pert Given, P=Initial amount=$5000           r=rate of interest=6%=0.06…

Q: Find the accumulated amount after 5 years if $4500 is invested at 4%/year compounded continuously.

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.