math problem

math problem

It will take __ years before the investment triples.

The doubling time of an investment earning 8% interest if interest is compounded continuously is ___ years.

An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously. (a) Which investment will earn more interest...

how much did they earn affter 40 years

show the equation to find the answer as well

Q: A school increases its intake by 10% each year. If it starts with 1000 students, how many will it have at the beginning of the fourth year of expansion? The answer from the answer sheet...

Compound interest a company bought a van that had a value of £12,000. Each year the value of the van depreciates by 25%. Work out the value of the van at the end of three years.

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

Luke decided to begin saving for retirement at the age of 32. He decided to deposit $70 at the end of each month in an IRA that pays 5% compounded monthly. What will be his interest if he...

James borrowed $700.00 to purchase an Apple watch and an IPad mini. The loan required 24 monthly payments of $35.00. However, he paid off the loan in 16 payments. How much did he save by paying it...

$3000 is deposited into an account that pays 5% annual interest for 10 years. How much more would be in the account if the interest were compounded continuously rather than quarterly?

someone opened an account with $2,500 18 years ago at a 2.8% interest rate, compounded annually. how much is in the account now?

parents opened an account with $5,000 18 years ago at a 1.6% interest rate,compounded annually. how much money is in the account now?

I am asking this to discuss with a recent college graduate family member as to what to expect if he starts retirement saving as soon as he starts working (or at least as soon as possible).

Week 4 discussion problem # 1 1. How long will it take to double your money in an account paying 9%, compounded every other month? Round your answer to the nearest year and day...

mary is 25 years old and intends to retire at 65. She begins to calculate how much she needs in her pension fund. She bases all her calculations on a 4% annual growth rate. Mary wants to receive a...

Suppose you are going to need $20,000 in 5 years. If you can get an average of 7.5% APR compounded weekly over that time, how much would you need to deposit now in order to meet your goal? ...

please show me step by step on how to solve it

Hannah would like to make an investment that will turn 6000 dollars into 25000 dollars in 8 years. What quarterly rate of interest, compounded four times per year, must she receive to reach her goal...

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