what annual ratte of interst compounded annually is required to double an investment in 9 years? Rate=_____%

Q: What interest will be earned if $6600 is invested for 4 years at 12% compounded monthly? (round to…

A: Given that, $6600  invested for 4 years at 12% compounded   compounded  monthly.    want to…

Q: An initial deposit of $10,000 earns 1.5% interest and is left in the account for 10 years. How much…

A: It is given that, an initial deposit of $10,000 earns 1.5% interest and is left in the account for…

Q: If $11, 000 is invested at a rate of 3% per year compounded yearly, find value of the investment at…

A: Given: $11,000 is invested at a rate of 3% per year compounded yearly. To find: Investment at A)…

Q: For an interest rate of 6% p.a. Determine the effective interest rate if it is compounded monthly.

A:

Q: A passbook savings account has a rate of 5%. Find the effective annual​ yield, rounded to the…

A: Consider the provided question, Given, Interest rate(r)  =  5% = 0.05 Compounded periods = 1000 So,…

Q: What interest rate compounded quarterly will yield an effective interest rate of 9%? A rate of %…

A: Please see the explanation below

Q: $100 invested at 2% compounded quarterly after a period of 4 years. After 4 years, the investment…

A: Here we find the investment value after 4 year compounded quarterly.

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

Q: You borrow $4500 at 5% interested compounded quarterly. How much will you owe after 7 years?

A:

Q: If $15, 000 is invested at a rate of 4.25% per year for 23 years, find value of the investment to…

A: A=P1+rnnt Here, P = $15,000, t = 23 years, r = 4.25% = 0.0425 Part A. For compounding semiannually,…

Q: uppose that $5,000 is invested at 5.8% annual interest rate, compounded monthly. How much money will…

A:

Q: Find the effective interest rate of 6% compounded monthly (round to the nearest hundred)

A: According to question given that We have to calculate the effective interest rate of 6% compounded…

Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

A: Given:Principal amount (P) = $20,000Final amount (A) = double the principal amountInterest rate (r)…

Q: $4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded…

A:

Q: 4. If F = P50,000 with the rate 1.5% compounded quarterly for 5 years find the present value and…

A:

Q: Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly. How much money…

A: Given problem:- Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly.…

Q: $700 is invested at 4.75% annual interest, compounded monthly. What is the balance after 25 years?…

A: The principal amount, P = $700 Rate of interest, r = 4.75% = 0.0475 The number of times interest…

Q: Find the effective yield of an investment that earns 7.65% compounded daily. round to the nearest…

A: Compounded daily ie m=365. Rate 7.65%. Find effective annual rate.

Q: If you invest $25,000 at 5% interest compounded continuously, what is the average amount in your…

A:

Q: Find the effective yield of an investment that earns 2.85% compounded daily.

A:

Q: Say you have invested $20000 at a yearly interest rate of 19.5% compounded monthly. How many years…

A: Given data : Formula used:

Q: If $17, 500 is invested at a rate of 7.5% per year compounded monthly, find value of the investment…

A:

Q: Use the compound interest formula to compute the total amount accumulated and the interest earned.…

A:

Q: Find the effective yield of an investment that earns 6.85% compounded daily. % round to the nearest…

A: Here we find effective yield percent.

Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

A:

Q: Complete the table for a savings account in which interest is compounded continuously. (Round your…

A: Given that P = $250, A = $335.21, t = 14 yrs.

Q: Find the accumulated amount after 6 years if $1,000 is invested at 10% per year, compounded: (Round…

A: By using formulaes we solve the given problem as follows :

Q: Suppose that $7,100 is invested at 4.5% annual interest​ rate, compounded monthly. How much money…

A:

Q: Use the compound interest formula to compute the total amount accumulated and the interest earned.…

A: To use the compound Interest formula to compute the total amount accumulates and the Interest…

Q: Find the value of OMR 20,000 after 4 years invested at a compound annual rate of 6%.

A:

Q: Find the effective yield of an investment that earns 3.95% compounded monthly. % round to the…

A: Formula used EAR = (1+i/n)^n -1

Q: Enpa A loạn of $46,000 is made at 4.5% interest, compounded annually. After how many years will the…

A:

Q: If you invest $1000 at 4.5% compounded monthly, how lomg will it take the account to get to $5000?…

A: Given that If you invest $1000 at 4.5% compounded monthly, how long will it take the account to get…

Q: $2000 is compounded annually at a rate of 10​% for 3 years.

A:

Q: $15,000 is invested for 15 years with an APR of 4.2% and monthly compounding.

A: We have to solve the given problem by using compound interest formula.

Q: Use the compound interest formula to determine the final value of the given The final value is $…

A:

Q: If you invest $15,000 at 10% interest compounded continuously, what is the average amount in your…

A: This question is about continuous compounding

Q: If 32100 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A:

Q: If 41200 dollars is invested at an interest rate of 10 percent per year, find the value of the…

A: Consider the provided question, Invest 41,200 dollars at an interest rate of 10%. We have find the…

Q: Use the compound interest formula to compute the total amount accumulated and the interest earned.…

A: Principal Amount P=$4,500 Time t =5 years Rate of interest r=1.7%=0.017 Compounded monthly n=12

Q: A stock broker allocated $100,000 to an account earning 4% per year compounded continuously. If no…

A: Given problem Given that   A stock broker allocated $100,000 to an account earning 4% per year…

Q: Find the amount that results from each investment. $700 invested at 6% compounded daily after a…

A: Given: Find the amount that results from each investment.$700 invested at 6% compounded daily after…

Q: 12.) What is the rate on an investment that doubles $3171 in 14 years? Assume interest is compounded…

A: Let the rate of interest be r/ year.Since the interest compounded quarterly, the rate of interest…

Q: How much should be deposited in an account payıng 5% interest in order to have a balance of $12,000…

A:

Q: Use the compound interest formula to determine the final value of the given amount. $2000 at 6%…

A: topic - exponential function

Q: Find the annual percentage yield for an investment that earns 2.5% each year, compounded daily.…

A: Consider the following: The rate of interest per year,r = 2.5%…

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A:

Q: Use the compound interest formula to determine the final value of the given amount. $1800 at 10%…

A: We will find the final value that means the amount in the following step

Q: A vehicle purchased for $32500 depreciates at a constant annual rate of 7% . Determine the…

A: Use simple formula

Q: If 31800 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: SOLUTION-