Find the time required for an investment of $13,000 to grow to $18,000 at an annual...

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Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7%. Complete parts a. through e. a. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded yearly years (Simplify your answer. Do not round until the final answer Then round to the nearest thousandth as needed.) b. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded quarterly years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed) c. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded monthly years (Simplify your answer. Do not round until the final answer Then round to the nearest thousandth as needed.) d. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded daily ITS years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed.) e. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded continuously years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed.) 1 acer Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7%. Complete parts a. through e. a. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded yearly years (Simplify your answer. Do not round until the final answer Then round to the nearest thousandth as needed.) b. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded quarterly years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed) c. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded monthly years (Simplify your answer. Do not round until the final answer Then round to the nearest thousandth as needed.) d. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded daily ITS years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed.) e. Find the time required for an investment of $13,000 to grow to $18,000 at an annual interest rate of 7% if the interest is compounded continuously years (Simplify your answer. Do not round until the final answer. Then round to the nearest thousandth as needed.) 1 acer

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a Using the formula for compound interest we have A P1 rnnt where A is the ending amount P is the pr... View the full answer