Try this: 1) An initial investment of $100,000 at 12% interest is compounded weekly (52 weeks = 1 year). What will the investment be worth in 30 years?

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A:

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Q: An initial investment of 1,500 was put in a bank.  The yearly growth is 6% compounded monthly.  How…

A: FV=P(1+r/m)^mt

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A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: Use the compound interest formula A = P(1 + r) to find the annual interest rate, r, if in 2 years an…

A: Given data

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Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

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Q: Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6…

A: Given Principal amount p = $3500 Interest rate r = 2.75% = 0.0275 Time t = 6 years

Q: Morris’s parents would like to retire in 20 years with a total of $400000. How much would they need…

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

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