Suppose that the income stream of a business is 12000e0.02t dollars per year for 10 years. At an interest rate of 4%, compounded continuously, approximately how long does it take to reach 100,000 dollars? O 4 years O 6 years O 8 years O 9 years O 5 years O 7 years

Q: What present value amounts to $16,162.26 if it is invested for 5 years at 6% compounded quarterly?…

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Q: suppose $1000 is depsoited by a 20 year old worker in an individual retirement account that pays an…

A: Given that a 20 year old worker deposits $1000 in an individual retirement account that pays…

Q: Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years if…

A: Since you have asked multiple question, we will solve the first 3 question for you. If youwant any…

Q: If $3,000 is invested at 10% compounded continuously, what is the balance after 9 years? $7,378.79…

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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: QUESTION 4. A rich guy puts $1,000,000 into a bank account that pays 7.3% annual interest,…

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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: How much money do i need now if i am going to receive $5000 every 6 months (starting in 6 months)…

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Q: QUESTION 3. $4500 is deposited for 4.5 years in an account that pays 4.5% interest compounded…

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Q: 7. An amount of $3,750.00 is deposited in a bank paying an annual interest rate of 4 % compounded…

A: We have to find the amount after given time.

Q: If $9000 is invested at 4% compounded continuously, what is the amount after 4 years? The amount…

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Q: If $8000 is invested at 5% compounded continuously, what is the amount after 3 years? The amount…

A: According to the given information, it is required to calculate the amount after 3 years.…

Q: Suppose $100 was deposited at the EOY 2011 into an account that earns 7% interest compounded…

A: Given , P = $100 r = 7% A = $220 Then A= P(1 + rt)