Mathematics, 27.06.2019 21:20, rfdgd

You wish to make an investment of $9,000 at 7% interest. how long will it take your investment to double at simple interest, compounded quarterly, and compounded continuously? round to the nearest tenth of a year, and answer all below.
simple interest:
compounded quarterly:
compound continuously:

Answers: 3

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Mathematics, 27.06.2019 21:30, milkshakegrande101

You wish to make an investment of $9,000 at 7% interest. how much will your investment be worth in 40 years at simple interest, compounded quarterly, and compounded continuously?

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Mathematics, 26.08.2019 22:30, homework1911

Ineed as soon as use the compound interest formulas a=p(1+r/n)^nt and a=pe^rt to solve numbers 11-15. 11. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded semiannually. 12. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded quarterly. 13. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded monthly 14. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded continuously. 15. suppose that you have $6000 to invest. which investment yields the greatest return over 4 years: 8.25% compounded quarterly or 8.3% compounded semiannually?

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Mathematics, 29.08.2019 01:50, hh23135

With a principal investment of $31,500, which account will have the greatest value after 4 years? simple interest: i = p • r • t interest compounded annually is a = p (1 + r)t interest compounded quarterly: a = p (1 + )4t a. 2.3% with interest compounded annually b. 2.1% with interest compounded quarterly c. 2.5% in a simple interest account d. 2.4% with interest compounded quarterly

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Business, 02.10.2019 04:30, tionnewilliams21

Kevin bautista needs $27000 in 8 years. what amount must he invest today if his investment earns 12% compounded annually? what amount must he invest if his investment earns 12% annual interest compounded quarterly? (round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) investment at 12% annual interest investment at 12% annual interest, compounded quarterly

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You wish to make an investment of $9,000 at 7% interest. how long will it take your investment to double at simple interest, compounded quarterly, and compounded continuously? round to the nearest tenth of a year, and answer all below. simple interest: compounded quarterly: compound continuously:

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You wish to make an investment of $9,000 at 7% interest. how long will it take your investment to double at simple interest, compounded quarterly, and compounded continuously? round to the nearest tenth of a year, and answer all below.
simple interest:
compounded quarterly:
compound continuously: