he value V of a bank account in which $450 is invested at 9.00% interest, compounded annually is given by the equation below where t is the time in years. Find the value of the account after 5 years. V= 450(1.0900) The value of the account after 5 years is about $ Round to the nearest cent as needed.)

Q: 5. A family deposited $8000 into an account six years ago. The account eamed simple interest at a…

A: It is given that, Principle amount is, P=$8000 Total interest earned is, B=$1200 Rate of interest is…

Q: A woman borrows $2500 and agrees to pay 8% annual simple interest on the loan.  She repays the loan,…

A:

Q: An investment of $75,000 increases at a rate of 12.5% per year. Find e value of the investment after…

A: An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after…

Q: You invest $5000 at 6% interest, compounded semi-annually. How long will it take to double your…

A: Find out the time that it takes to double the investment.

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple…

A:

Q: Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT= interest…

A:

Q: A student wishes to invest $500 in a savings account yielding 3% annual interest compounded every 6…

A: Compound interest formula needs to be applied.

Q: Calculate the compound amount. Use the compound amount formula and a calculator. (Round your answer…

A: Given data, P = $9300, r = 7% = 0.07 t = 3 years   Given it is compounded daily which means n=365

Q: %3D 1-2 L05€

A:

Q: You deposit $6000 in an account earning 3% interest compounded monthly. How much will you have in…

A: Compound interest

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.