Dale had $1,000 to invest. He has a goal to have $2,700 in this investment in 13 years. At what annual rate compounded continuously will dale reach his goal?

Q: Ford needs $800 for a down payment on a car he would like to buy in 3 years. He found an account…

A:

Q: w much money does Stewart have to invest at 2.9% interest compounded continuously to have $28,000…

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Q: If Tyler needs to have $1 7000 to buy a car in 4 years, how much money would he have to place into…

A: tyler needs=$17000 t=4year r=5% principle  amount ?

Q: Charlie invests $8,000 into an account to save for college. If the investment is compounded annually…

A: We know, when a Principal amount ( P ) is compounded annually with an interest rate 'r' % and for 't…

Q: Trinh invested $3800 at an annual interest rate of 8%, compounded annually. How much will she have…

A:

Q: How long will it take an investment of $8,000 to grow to $10,000 if the investment earns interest at…

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: Sue puts $6000 in an investment account that earns 4% annual interest compounded continuously.  When…

A: Here, rate, r=0.04 initial investment, P=6000 Final investment, A=20,000

Q: Mary invests $1500 in an account that earns an interest rate of 4% compounded continuously. Will she…

A: The objective of this question is to determine whether Mary will have enough money in her account…

Q: Hannah wants to have $ 7500 to help pay for a new deck in 10 years. If she wants to put her money…

A: Given Future value =7500 r= 0.085 t=10 years

Q: Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money…

A:

Q: Approximately how long it would take an investment of 5,000 to double with an interest rate of 3.5%

A: Given that, Investment or principal (P) = 5000 Rate of interest (r) = 3.5% Amount (A) = 2 x 5000 =…

Q: In 6 years you want to have $10, 000 to buy a car. If you can get an annual interest rate of 4%…

A: Given that , total amount is $10000, time 6 years and rate of interest is 4% compunded continuously.

Q: We invested $15000 in a project that returns 12% interest compounded annually (yearly). How much…

A: the formula used here, A=p(1+r100)t compund interest(CI)=A-p where, A=amount p=principal invested…

Q: If you invest $1000 at 7% annual interest compounded monthly, how many years will it take for the…

A: let invest amount is P annual rate is r month n =12 years = t amount after t years is A =3000 A =…

Q: Darren accumulated $9,000 in credit card debt. If the interest rate is 4.1% per year and he does not…

A:

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.