Complete the table by finding the balance A when P dollars is invested at rate r for

Question:

Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year.

1. P = $5000, r = 3%, t = 10 years
2. P = $4500, r = 2.5%, t = 30 years

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Algebra and Trigonometry

ISBN: 978-1337271172

10th edition

Authors: Ron Larson

See More Books

Question Posted: Feb 14, 2018 02:54 AM

See More Questions

A sequence of yearly payments of P dollars is invested at the end of each of N years at interest rate i, compounded annually. The total amount in the account, or the amount of the annuity, is V. a)...
Complete the table by finding the balance A when $12,000 is invested at rate r for t years, compounded continuously. 1. r = 4% 2. r = 6% 3. r = 6.5% 4. r = 3.5% 10 | 20 | 30 40 | 50 A
Interest Compounded Annually. When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i)t. Trevor's parents deposit $8000...
A regression analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x). n = 10 x = 55 y = 55 x2 = 385 y2 = 385 xy = 220 Refer to Exhibit. The...
Reconsider Prob. 1632. Using EES (or other) software, investigate if it is realistic to disregard the presence of NO in the product gases?
A jet fighters position on an aircraft carriers runway was timed during landing: where x is the distance from the and of the carrier. Estimate (a) Velocity (dx/dt) and (b) Acceleration (d/dt) using...
A representative section from a composite lamina is shown in Figure 2.7 along with the transverse stress and strain distributions across the fiber and matrix materials in the section. The composite...
Hayes Electronics stocks and sells a particular brand of personal computer. It costs the firm $450 each time it places an order with the manufacturer for the personal computers. The cost of carrying...
you are working at the law firm of Hamer, Huerta, Jordan, and Yousafzai. The client, Hilda, stopped by to sign a few business documents that you recently prepared. Suddenly, she reveals to you and a...
Park City experienced unusual volatility of taxable property values over a particular five-year period. For the first three years of this period, the pre-recession period, average property values in...
After t years, the value V of a car that originally cost $23,970 is given by V (t) = 23,970 (3/4)t. (a) Use a graphing utility to graph the function. (b) Find the value of the car 2 years after it...
Evaluate the logarithm at the given value of x without using a calculator. 1. f (x) = log x, x = 1000 2. g(x) = log9 x, x = 3 3. g(x) = log2 x, x = 14 4. f (x) = log3 x, x = 1/81
Suppose the interest rate is 0% and the stock of XYZ has a positive dividend yield. Is there any circumstance in which you would early-exercise an American XYZ call? Is there any circumstance in...
Butterfly-style valves used in heating and ventilating industries have a high flow coefficient. Flow coefficient can be modeled by a normal distribution with mean $496 C_{V}$ and standard deviation...
Using a supply and demand diagram, explain how central banks maintain a fixed exchange rate. What can cause an end to the fixed-exchange-rate regime?
Write a script for two speakers arguing about globalization and its effects. Give each speaker a name, and then write a script for a debate between the two. The debate should be no longer than two...
The time for oil to percolate to all parts of an engine can be treated as a random variable having a normal distribution with mean 20 seconds. Find its standard deviation if the probability is 0.25...
For a $N(15,5)$ distribution. Find the specified areas for a normal distribution. (a) The area to the right of 28 (b) The area to the left of 12
Consider the revenues (in $ millions) for the top 12 companies in the Fortune 500 (from http://fortune.com/ fortune500/ accessed October 20, 2015.), as shown in Table 4.3.6. a. Find the five-number...
The vapor pressure of the liquid NH, is measured at different temperatures. The following vapor pressure data are obtained. Temperature, K P, mmHg 217.1 223.4 234.7 588.1 Calculate the enthalpy of...
The lengths (in centimeters) and girths (in centimeters) of 12 harbor seals (a) x = 140 centimeters (b) x = 172 centimeters (c) x = 164 centimeters (d) x = 158 centimeters Find the equation of the...
The number of employees and the 2016 revenue (in millions of dollars) of 13 hotel and gaming companies (a) x = 32,500 employees (b) x = 6000 employees (c) x = 1350 employees (d) x = 47,000 employees...
The ages (in years) of 10 infants and the numbers of hours each slept in a day (a) x = 0.3 year (b) x = 3.9 years (c) x = 0.6 year (d) x = 0.8 year Find the equation of the regression line for the...
Three vectors are shown in the figure below, but they are not drawn to scale. The sum of the three vectors is = F + 2 + 3. If Ry = 0 and F2 = 0.6F3, find Rx in terms of F. Rx F1 F2 30% F F.
Check that the angle in your calculator is in "degrees", sin30 = 0.5 Part A - The magnitude of the normal force FN has been calculated ro be FN = 9.70 N. Calculate the work done by the normal force....
A force in the positive direction of an x axis acts on an object moving along that axis. If the magnitude of the force is F = 7.2e*/3.1 N, with x in meters, find the work done by as the object moves...

Complete the table by finding the balance A when P dollars is invested at rate r for

Question:

12 | 365 | Continuous 12 İ 4| A

Step by Step Answer:

1 P 5000 r 3 t 10 years Compounded n times per year A P1 rn nt 5000 ...View the full answer

Algebra and Trigonometry

Students also viewed these Calculus questions