Find the present value of $6000 payable at the end of 4 years, if money may be invested at 9% with interest compounded continuously. The present value of $6000 is $ (Round to the nearest cent as needed.) C

Q: There is much folklore regarding the purchase of an island in 1626 from a Native American tribe.​…

A: Given that  Purchase price P=$24 Annual interest rate r=4% compounded annually from 1626 to 2021…

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

A: P=Principle=?t=time=5 yearsr=interest rate=6%=0.06A=final amount=$5000n=number of times compounded…

Q: Determine the value of the annuity for the indicated monthly deposit amount, the number of deposits,…

A: The objective of this question is to calculate the value of an annuity given the monthly deposit…

Q: Find the simple interest on a $2000 investment made for 2 years at an interest rate of 9%/year. What…

A: Formula for finding Simple interest (S.I)  is S.I=prtwhere p= principal amount,            r=rate of…

Q: Appa deposits $1000 in an account earning 3.8% interest compounded monthly. How much will Appa have…

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Q: Silvio invested $12,000 into an account that earned 4.5% APR compounded daily for 6 years. What was…

A: As per guideline, we can solve one question if multiple question posted. please repost the other…

Q: Find the total amount after 10 years for the initial deposit of $30,000 with the interest rate of 5%…

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Q: Nazerhy deposits $9,000 in a certificate of deposit. The annual interest rate is 4%, and the…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: P=Principle=?t=time=15 yearsr=interest rate=8%=0.08A=final amount=$2000n=number of times compounded…

Q: You deposit $3000 each year into an account earning 8% interest compounded annually. How much will…

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Q: You deposit $400 in an account earning 3% interest compounded annually.  How much will you have in…

A: