How long will it take for 1000 to decay to 500 with a loss of 3% a year (approximate historical inflation)?

Q: An account pays interest at a continuous compounded rate of 0.05 per year. Continuous deposits are…

A: Using the formula of future value of annuity we find the balance after at the end of 10 years

Q: The value of a car is decreasing by 1.5% per month. Suppose depreciation continues at this rate. (a)…

A: r=-1.5% suppose purchase price =p time ,when car price=p/2

Q: 3) Suppose that you have $6,000 to invest. Which investment yields the greater return over 4 years:…

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Q: Assume that an investment is made at 7.1% per year, compounded continuously. What is the tripling…

A: The compound interest formula is defined as, A=P1+rnnt where: A: is final amountP: is principal…

Q: Calculate (1+r/n)^nt to figure out which has higher annual yield 3.6% compounded daily or 3.8%…

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Q: What rate is required to grow 100 to 10,000 in 10 years?

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Q: A prestigious bank offers a CD that earns 4.15% interest compounded continuously. Say a CD is…

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Q: How long will it take for your investment to grow 25% if the annual percentage rate is 3.5%…

A: Introduction :We have asked for the time period will it take to grow a amount to its 25% , where the…

Q: What rate is required to grow 750 to 7500 in 14 years?

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Q: Suppose a colony of bacteria has a continuous growth rate of 17% per hour. By what percent will the…

A: Given, colony of bacteria has a continuous growth rate of 17% per hour We have to find after 13 hour…

Q: 27. How long will it take money to double if it invested at 6% compounded monthly? 9% compounded…

A: If P=initial investment, r = interest rate compounded monthly  and A= amount after t years , then we…

Q: How long, to the nearest year, will it take an investment to triple if it is continuously compounded…

A: Formula to calculate continuously compounded interest: A = Pert where, A is Amount at time t,P =…

Q: Assume that $165 is invested into an account earning interest at a 7.2% annual rate, compounded…

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Q: what is the interest rate on an account that took 15 years to double if interest was compounded…

A: The objective is to find the interest rate on an account that took 15 years to double if interest…

Q: Oganesseon 294 has an exponential decay rate of 38.51% per millisecond what is the half life

A: Let N(t) be the amount of Oganesseon 294 at time t. Exponential decay rate is:  r = 38.51%