If you have an investment of $1000 that grows at a rate of 6%, compounded annually, how much will it be worth after 10 years?

Q: Find the interest rate needed for an investment of $4000 to quadruple in 12 years if interest is…

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Q: Suppose that you have $10,000 to invest. Which investment yields the greatest return over 5 years 5%…

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Q: Trinh invested $3800 at an annual interest rate of 8%, compounded annually. How much will she have…

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Q: How much money should be deposited today in an account that earns 6% compounded semiannually so that…

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Q: . An investment of $2950 earns 6.50% interest per year. Calculate the value of the investment when…

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Q: What amount must be invested now to have $12,000 after 3 years if money is worth 6% compounded…

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Q: Suppose that you have $2500 to invest at 4% compounded continuously.  The accumulated amount after…

A: Given investment amount $2500 and rate of interest r=4%=4100=0.04. Compounded continuously. The main…

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: Finance. Suppose that $6,000 is invested at 5.2% annual interest rate, compounded monthly. How much…

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Q: 2. How long will it take$5000 to grow to $20,000 if the investment earns interest at the rate of 6%…

A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

Q: An investment of $2000 earns interest at 6% p.a. Its compounded semiannually over 3 years. What is…

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Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

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Q: To have $4 000 in 6 years, how much do you need to invest now at 3.2% compounded monthly?

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Q: An investment has grown from $50,000 to $100,000 (which means it doubles ) in 5 years compounding…

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Q: Suppose you invest $1000 in an account that pays 4.25% interest compound quarterly how long will it…

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Q: ind the interest rate needed for an investment of $7,000 to grow to an amount of $10,500 in 7 years…

A: formula : where, r = interest rate t = time period = 7 years n = number of compound in a year = 4…

Q: you deposit $500 in an investment with an APR of 6% and continuous compounding, the balance after…

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Q: If you invest $1700 in an account paying 7% compounded continuously, how much will be in the account…

A: We have the compound maturity formula

Q: find the interest rate needed for an investment of $5000 to grow to an amount of $7000 in 9 years if…

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