Find the principal needed now to get the given​ amount; that​ is, find the present value. To get $100 after 212 years at 4​% compounded continuously. The present value of $100 is ?

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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Q: Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20…

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Q: Retirement Hennie and Bob inherit $100,000 andplan to invest part of it for 25 years at 10%,…

A: Future value =$1000000 n=25*12=300 r=10%12=1010012=0.112 To find the present value (i.e,)The amount…

Q: . Compound Interest If $20,000 is invested at 8%interest, compounded quarterly, find the…

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Q: Assume that Bob deposited $3,000 per year in a bank account. Since the bank offered a compound…

A: As per the question we are given the principal deposited after each year as $3,000 ; the annual…

Q: José invested $10,000 at 8% interest that is compounded annually. If no other deposits or…

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Q: the present value of $8,000 if the interest paid is at a rate of 9% compounded continuously for 4…

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Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: Jesaki Bank offers a 10-year CD that earns 2.5% compounded continuously. If $10,000 is invested in…

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Q: Manhattan Island The Island of Manhattan was sold for $24 in 1626. How much would this amount have…

A: Cost at which the island sold:= 24$ Rate of Interest:= 6% compounded quarterly; No. of years:= 381 ;…