Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Financial Mathematics
Compound Interest
find the balance after 15 years of a $2500 investment earning 5.5% interest compounded continuously
1 answer
Never mind, I had a tutor help me on Algebra-dot-com. If anyone else needs help calculating compound interest, I reccomend you go to that site.
You can
ask a new question
or
answer this question
.
Related Questions
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded
You deposit $1000 into an account that pays interest at a 5.5% annual rate compounded continuously. After years, the balance in
An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of
Emma receives $7750 and invests it in an account that earns 4% interest
compounded continuously. What is the total amount of her
Find the amount of time required to double a dollar investment at 7.72%, if the interest is compounded continuously.
4.49 years
Suppose that $4000 is invested at an interest rate of 5.5% per year, compounded continuously. What is the balance after 8 years?
An investment of $2500 accumulates at 6% p.a compounded semi annually for 3 years. At that time, the interest rate is changed to
Find the amount in a continuously compounded account for the following condition.
Principal, $3000; Annual interest
An initial investment of $3,000 earns 7% interest compounded continuously. What will the investment be worth in 19 years? (Round
Find the balance in the account after the given period.
$ 2 comma 500 deposit earning 3.3 % compounded monthly, after 4 years.