# compound interest

posted by .

How do I solve these problems?

Complete the table for a savings account in which interest is compounded continuously.

1. Initial Investment: \$1000
Annual % Rate: 3.5%
Time to Double: ?
Amount After 10 Years: ?

2. Initial Investment: \$750
Annual % Rate: ?
Time to Double: 7 3/4 yr
Amount After 10 Years?

3. Initial Investment: \$500
Annual % Rate: ?
Time to Double: ?
Amount After 10 Years: \$1505.00

4. Initial Investment: ?
Annual % Rate: 4.5%
Time to Double: ?
Amount After 10 Years: \$10,000.00

## Similar Questions

1. ### math

Complete the table for a savings account in which interest is compounded continuously. initial investment = \$600 annual % rate = ?
2. ### calculus

Assume the initial investment was \$6600 and the annual interest rate to be compounded continuously is 5%. Assume also that the target amount is \$7900. If you want the account to contain the target amount given above after 9 years, …
3. ### algebra 2

The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a …
4. ### algebra

The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a …
5. ### Calculus

Money is deposited in an account for which the interest is compounded continuously. The initial investment in the account is \$2000 and the annual interest rate is 14%. What is the time required for the balance to double?
6. ### Compound interest

Hello My teacher skipped over this and I have no clue how to do this or the equations. Help would be wonderful thank you If 6000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in …
7. ### differential equation

If P(t) is the amount of dollars in a savings bank account that pays a yearly interest rate of r% compounded continuously ,then dP/dt=(r/100)(P) , t in years . Assume the interest is 5% annually ,P(0)=\$1000 ,and no monies are withdrawn …
8. ### Math

If you deposit P dollars into a bank account paying an annual interest rate r, with n interest payments each year, the amount A you would have after t years is A=P(1+r/n)^nt. Kevin places \$100 in a savings account earning 6% annual …
9. ### Pre-calculus

Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: \$1700 I don't understand how to get in the initial …
10. ### PRE-CAL

Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment== ?

More Similar Questions