Trigonometry
posted by Karen .
The value V, of a $100,000 investment that earns 3% annual interest is given by V=f(t) where t is in years. How much is the investment worth in 3 years

f(3)
Respond to this Question
Similar Questions

compound interest
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: ? 
math
The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded daily and Sheila invests $1,000 at 7% (per year) simple interest. In how many years will Rod’s investment be worth more than Sheila’s investment? 
Finance
If an investment of $5,000 today earns 5% in each of the next five years, and then earns 7% per year for five years after that, how much will the investment be worth at the end of the ten years? 
Maths B
Kate is thinking about investing $45000 for 5 years. She deposits her money into an account which earns interest paid quarterly at a rate of 3.99% p.a. After 1½ years, Kate withdraws her investment (including interest) and deposits … 
Financial Math
An investment of $2500 accumulates at 6% p.a compounded semi annually for 3 years. At that time, the interest rate is changed to 5% compounded monthly. How much is the investment worth 2 years after the change in interest rate? 
Math
A Registered Education Savings Plan (RESP) earns interest at a rate of 5% per year, compounded annually. Jasmine’s parents invest $4000 in the account today. a) Determine an explicit formula to represent the value of the investment. … 
college algebra
An investment initially worth $5300 earns 7.7% annual interest, and an investment initially worth $8000 earns 5.6% annual interest, both compounded annually. How long will it take for the smaller investment to catch up with the larger … 
Precalc
suppose you want to invest $60,000 for ten years. You can invest your money in a CD that earns 4% interest, compounded quarterly and has no risk, or you can invest your money in futures that ear 10% interest, compounded quarterly. … 
Algebra
Two investments in high technology companies total $1,100. If one investment earns 10% annual interest and the other earns 10%, find the amount of each investment of the total interest earned is $140 for the year. The value of the … 
math
The value of an investment A (in dollars) after t years is given by the function A(t) = A0ekt . If it takes 10 years for an investment of $1,000 to triple, how many years will it take for the investment to be $9,000?