How long will it take money to quadruple with continuous compounding at 12% interest? 15,019 72 Ob 11.5524 Oc10 9861 O d. 76,943 18.129 05

Q: You have 48,000 saved. How long will it take for that to double in value if it is 10% compounded? a)…

A: a) Initial amount =P= 48000 Final amount= A= 2(48000)=96000 Interest rate = r= 10%=0.10 time = t=?…

Q: 350 mg of aspirin is taken by a patient who has a severe headache due to a migraine. Suppose that…

A: Solution:      Given              350mg of aspirin is taken,                 half life =15 min    we…

Q: Find the accumulated amount after 3 years if $5000 is invested at 7%/year compounded continuously.…

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Q: An amount of 2200 is borrowed for 3 months with 2221.45 due at the end of the given period. Find the…

A:

Q: Devra invested US dollars (USD) in an account that pays a nominal annual interest rate of 3.1 %,…

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Q: What is the APY for money invested at each rate? Give your answer as a percentage rounded to two…

A: For 6% compounded monthly: Let r be the nominal annual interest rate, and n be the number of…

Q: 9 1/5 as a decimal

A: 9 1/5 as a decimal

Q: Johnny deposits 5002 in an account paying 8% rounded to the 10th Pl. interest compound CONTINUOUSLY…

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Q: 70 is what percent of 350?

A: Given; 70 is what percent of 350.

Q: Say you have placed 10,000 pesos in your bank account that pays 4% interest, compounded…

A: The continuous compounding formula is, A = Pert  where, P is the initial amount A is the final…

Q: deposited $25000 today how much would i have in 15 years if back continuously compounds at 1.3%

A:

Q: A person puts $6,500 in a savings account. The bank pays 7% annual interest compounded quarterly. nt…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=6500 r=7%=0.07 n=4 for…

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

A: The objective is to the nearest year, it will take an investment to triple if it is continuously…

Q: gasoline prices are rising at a rate of 0.8% per month.  What is their doubling time? Bywhat factor…

A: gasoline prices are rising at a rate of 0.8% per month. Let its present price is x . Let after n…

Q: How long will it take to triple your money at a nominal rate of 8% p.a. compounded a. Quarterly b.…

A: To calculate the period to triple the money, we need to determine the effective annual interest…

Q: Urban encroachment is causing the area of a forest to decline at the rate of 7% per year. What is…

A: Given, the decay rate is 7% per year, i.e. λ=0.07. As it is known that, λ=ln 2t1/2t1/2=ln 2λ=ln…

Q: 1/2(70)

A:

Q: 1/2=0.5

A: Given 1/2=0.5