How long (in years) will it take a $400 investment to be worth $900 if it is continuously compounded at 12% per year? (Give the answer to two decimal places.) ___________ yr   They are two separate questions and I hope you could help me to solve both :)   How long, to the nearest year, will it take an investment to double if it is continuously compounded at 11% per year?   ___________ yr

Q: How long does it take for money to increase to a factor of seven when compounded continuously at 7%…

A: Under continuous compounding, the relationship between various variables are given as: A = Pert…

Q: The Fiate family deposits $8,500 in a savings account with interest compounded continuously at a…

A:

Q: (Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A:

Q: Find the compound amount and compound interest if $3500 is invested for nine years and interest is…

A:

Q: Find the present value of $90,000 due in 7 years at the given rate of interest. (Round your answers…

A:

Q: Home Mortgages The monthly payment that amortizes a loan of A dollars in t years when the interest…

A: In this question, we have to calculate the monthly payment for home mortgage with the given loan…

Q: POMERO OF 10 al rate of 0.9% compounded continuously, how long to the nearest year) would take b the…

A: Given Population P=6.4 billion , r=0.9%

Q: Compound Interest $7000 is invested in an account at interest rate r, compounded continuously. Find…

A:

Q: A collectible lunchbox increases in value by 1.2% per year.  If it is worth $174 a year from now,…

A: Since each year value is increasing by 1.2% New Price=$174Let x be the present value.