finhite mat

using continuous compound interest formula find the indicated value

A= 15625
P= 10900
T= 60months
R= ?

  1. 👍 0
  2. 👎 0
  3. 👁 208
asked by carol
  1. Same as previous problem, solve for R instead of T.

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. Algebra II

    An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest

    asked by Anonymous on May 25, 2010
  2. efe

    find the formula for calculating compound interest. If Mr. John Chrystal invests $6,000 today (Present Value) at a compound interest of 9 percent, calculate the Future Value of the investment after 30 years using the compound

    asked by Anonymous on October 21, 2016
  3. Kirr

    *solve execises by using compounded interest formula Principal $ 700 Time period 8years nominal rate (%) 1.5 Interest compounded monthly Compound amount ? Compounded interest ? *need to find the compound amount and compound

    asked by math HELP!! please on June 1, 2014
  4. math

    Zeb is going to deposit $3370 into an account that earns 14% APR compounded annually for 37 weeks. What is the "n" in the compound interest formula? n= What is the "t" in the compound interest formula? Enter as a fraction. years

    asked by Adam on March 22, 2017
  5. math

    compound interest compute the compound interest on 1)Rs 1500 for 2years at 6% per annum. please send answer This site explains compound interest and shows the formula for solving your problem.

    asked by lalith on August 16, 2007
  1. Mathematics

    using the compound interest formula find the principal that will yield a compound interest of n$410 in 2 years at therate of 5 % per annum

    asked by Toni on April 15, 2013
  2. Math

    When interest is compounded once a year, the formula for compound interest is A=P(1+r)t in the formula, A represents the amount of money after t years, p represents the principal, and interest rate written as a decimal. If p=$500

    asked by Amy on March 31, 2015
  3. Math Personal Finance

    Assume we invest $2000 for one year in a savings account that pays an APR (Annual Percentage Rate) of 10% compounded quarterly. The compound interest formula is: Balance after t periods = Principal × (1 + r)t The final balance

    asked by Alexis on June 8, 2014
  4. Business Math

    Solve the following by using the present value formula. Compound Amount- $700 Time Period(years)-8 years Nominal Rate (%)- 1.5 Interest Compounded monthly Compound Amount___________? Compound Interest _________?

    asked by Tracey on July 15, 2016
  5. Math-- Desperate for help!

    Find the amount in an account if $2000 is invested at 6.125%,compounded semi-anually,for 2 years. A. $2,256.49 B. $2,252.50 C. $2,324.89 D. $544,757.84 One of these is the correct answer. I am coming up with (D) 544,757.84 Can you

    asked by Hilda on February 25, 2007

More Similar Questions