Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round to the nearest cent.) p=$40,000 r=2 and three quarters (3/4) t=6

Q: Find the time required for an investment of 5000 dollars to grow to 7700 dollars at an interest rate…

A: Given: Principal amount = $5000 Final Amount = $7700 Interest rate = 5.5% Compounded Quaterly.…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Given: P = $1000 r = 4( 1/2 )%,= 9/2%=4.5% = 0.045 t = 8 Since compounded annually, therefore n=1

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's…

A: Given information P=​$6000​, r=7.0​%,t=6 months

Q: Nikolas invests $1,400 into a certificate of deposit that earns 1.8% compounded semiannually (twice…

A:

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: By using formula the accumulated amount is given as follows :

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's…

A: Given problem Given that   The principal P is borrowed at a simple interest rate r for a period of…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A:

Q: A grandparent puts $5,000 into a college education fund for a grandchild. If the fund earns 3.75%…

A: Given that: Principal(P) is $5000. The rate of interest(r) is 3.75%. Time(t) is 16 years and n is…