In 6 years you want to have $10, 000 to buy a car. If you can get an annual interest rate of 4% compounded continuously, how much should you invest now?

Q: If Tyler needs to have $1 7000 to buy a car in 4 years, how much money would he have to place into…

A: tyler needs=$17000 t=4year r=5% principle  amount ?

Q: Gem plans to purchase an e-bike in 6 months so they open an account earning an annual interest of…

A: We have to find how much money is needed to open the account in order to reach the goal using given…

Q: Find the investment needed today to make $ 100,000 in 5 years with a simple interest rate of 8% per…

A: Given data÷ A=$100,000 t=5 years r=8% =0.08 per year

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A: To find- How much more will an investment of $10,000 be worth after 25 years if it earns 6%…

Q: To have $4400 in 4 years, how much do you need to invest now at 7.4% compounded semi- annually?

A:

Q: Matilda and Horace open a retirement account with $120,000. How many years will it take for the…

A: Find the time taken for the amount $120,000 to grow to $800,000 if it grows at a rate of 4.5%…

Q: If Gabriel wants to accumulate $ 20,000 in 6 years to buy a car, how much would he need to invest…

A: The compound interest formula is A = P1 + rnnt In the formula, A = Accrued amount (principal +…

Q: you would like to have $77,000 available in 15 years. There are two options. account a has a rate…

A: We are supposed to have $77,000 in 15 years. Account a has a rate of 9.5% compounded once a year.…

Q: Jake invests $4900 at an 8% interest rate compounded contínuously for 2 $5000 at a 7% interest rate…

A:

Q: How long, in years, will it take an investment of $1000 to triple to $3000 at annual simple interest…

A: