Which investment will earn more money, a $1,000.00 investment for 6 years at 11% compounded continuously or a $1,000.00 investment for 6 years at 12% compounded every 4 months (Round to 2 decimal a) 11% compounded continuously would be worth $ places.) b) 12% compounded every 4 months would be worth $ places.) c) 11% compounded continuously would be worth more O 12% compounded every 4 months would be worth more The would be worth the same. (Round to 2 decimal

Q: Five years ago,Austin invested $7000 at an annual interest rate of 6%, compounded quarterly. He now…

A: Five years ago, Austin invested $7000 at an annual interest rate of 6%, compounded quarterly. He now…

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A: Formula of compounded investment: A=P1+rnnt where A= Ending Amount P=Principal Amount r=Interest…

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A: Compounded continuously

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A:

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A: We know formula for compound interest asA=P1+rnnT

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A: Initial Inverstment:  P=$5000Interest rate:  R=5%  per annum

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A:

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A: Given that, P=$1000, A=$3000 and r=0.10.

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A: Please refer to the image below.

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A: In how many months will mony become three times itself at 9% compounded semi-annually.

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A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

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A: Given: P=$1000r=0.85%=0.0085n=1t=4 Use the formula: A=P1+rnnt

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A: Note : according to our guiflines i can solve only first, please reroute the remaining questions.…

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