Question: Need help on both please 30. [-/1 Points] DETAILS HARMATHAP12 6.2.017. MY What is the compound interest if $43,000 is invested for 15 years at

Need help on both please

30. [-/1 Points] DETAILS HARMATHAP12 6.2.017. MY What is the compound interest if $43,000 is invested for 15 years at 6% compounded continuously? (Round your answer to the nearest cent.) $ Need Help? Read It Show My Work (Optional)? 31. [-/1 Points] DETAILS HARMATHAP12 6.2.041. A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 12% compounded quarterly, how long will it take for the money to grow to $50,000? (Round your answer nearest whole number.) yr Need Help? Read It

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe works as a design engineer for a manufacturing firm, while Jessie runs a craft...

1. [-/1 Points] DETAILS HARMATHAP12 6.2.010.MI. MY NOTES PRACTICE ANOTHER What interest will be earned if $6200 is invested for 6 years at 13% compounded monthly? (Round your answer to the nearest...

14. [-/4 Points] DETAILS HARMATHAP12 1.6.040. Complete the problem by using the accompanying gure, which shows a supply function and a demand function. (Assume price is measured in dollars.) p 40 30...

Please give me right answers, cause i did some wrong 2. [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP 12 6.3.009. MY NOTES PRACTICE ANOTHER The Weidmans want to save $35,000 in 2 years for a down...

2. [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP 12 6.3.009. MY NOTES PRACTICE ANOTHER The Weidmans want to save $35,000 in 2 years for a down payment on a house. If they make monthly deposits in...

help please plsss A MTH 110 HW #6 - Chapter 4 Se x + - C webassign.net/web/Student/Assignment-Responses/last?dep=27672357 To # (Update 17. [-/1 Points] DETAILS TANAPMATH7 4.1.064. MY NOTES ASK YOUR...

help please A MTH 110 HW #6 - Chapter 4 Sc x + - G webassign.net/web/Student/Assignment-Responses/last?dep=27672357 To # Update : 14. [-/1 Points] DETAILS TANAPMATH7 4.1.044. MY NOTES ASK YOUR...

1. [-/1 Points] DETAILS HARMATHAP12 11.2.001. MY NOTES Find the derivative of the function. y = 6ex- 6x Need Help? Read It Watch It Submit Answer 2. [-/1 Points] DETAILS HARMATHAP12 11.2.003. MY...

please write answer clear [0/1 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 6.3.005. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the future value of an annuity of $1600 paid at the end of each...

7. (-/1 Points) DETAILS HARMATHAP12 6.2.031. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Microsoft's stock price peaked at 6118% of its IPO price more than 13 years after the IPOt Suppose that $15,000...

1. [-1 Points DETAILS HARMATHAP12 6.5.005.ML MY NOTES PRACTICE ANOTHER A recent graduate's student loans total $14,000. If these loans are at 4.8%, compounded quarterly, for 14 years, what are the...

1. Human resource management consists of numerous activities. What areas were illustrated by Sams schedule on this particular day? 2. List the areas of ineffective management and time robbers that...

Determine the pH of the Na2HPO4 1.10 M / KH2PO4 0.15 M buffer system.

Use the horizontal model to show the effects of recording interest expense for the month of September. Indicate the financial statement effect

2. Calculate the costs of equity using CAPM, the dividend growth model, and the earnings capitalization ratio (Note: The formula for the earnings capitalization ratio is Re = EPS1/P, where EPS1 is...