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1. [I1 Points] DETAILS TANAPCALC10 5.3.002. Find the accumulated amount A, if the principal P is invested at an interest rate of r per year
1. [I1 Points] DETAILS TANAPCALC10 5.3.002. Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. (Round your answer to the nearest cent.) P = $15,000, r = 7%, t = 10, compounded quarterly A = e: Need Help? 2. [I1 Points] DETAILS TANAPCALC10 5.3.009. Find the accumulated amount after 3 years if $4000 is invested at 4%/year compounded continuously. (Round your answer to the nearest cent.) $:l 3. [-11 Points] TANAPCALC10 5.3.014. PRACTICE ANOTHER Present Value of an Investment Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest at the rate of 7% compounded continuously and he has $14,000 on deposit today, what was his initial deposit? (Round your answer to the nearest cent.) 1;: Need Help? 4. I." m... TANAPCA.C105.3.017. Find the interest rate needed for an investment of $4000 to grow to an amount of $7500 in 5 years if interest is compounded monthly. (Round your answer to the nearest hundredth of a percentage point.) o/o 5. [-/1 Points] DETAILS TANAPCALC10 5.3.021. MY NOTES | PRACTICE ANO Find the interest rate needed for an investment of $10,000 to quadruple in 8 years if interest is compounded quarterly. (Round your answer to the nearest hundredth of a percentage point.) Need Help? 6. [-I1 Points] DETAILS TANAPCALC10 5.3.025. MY NOTES | PRACTICE ANO How long will it take for an investment of $3,000 to triple if the investment earns interest at the rate of 6%/year compounded daily? (Round your answer to one decimal place.) :vr
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