Question
How long (in years) will it take a $200 investment to be worth $900 if it is continuously compounded at 12% per year? (Give the
How long (in years) will it take a $200 investment to be worth $900 if it is continuously compounded at 12% per year? (Give the answer to two decimal places.)
How long, to the nearest year, will it take an investment to triple if it is continuously compounded at 8% per year? yr
How long, to the nearest year, will it take me to become a millionaire if I invest $3,000 at 11% interest compounded continuously?
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
Assuming that you invest $5,000 in the United States, how long (to the nearest year) must you wait before your investment is worth $18,000 if the interest is compounded annually?
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
Assuming that you invest $9,000 in Japan, how long (to the nearest year) must you wait before your investment is worth $18,000 if the interest is compounded annually? yr
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
If you invest $10,600 in the United States, and the interest is compounded monthly, when, to the nearest month, will your investment be worth $30,000?
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
How long, to the nearest year, will it take an investment in Brazil to double its value if the interest is compounded every 4 months?
Country | U.S. | Japan | Germany | Australia | Brazil |
---|---|---|---|---|---|
Yield | 2.5% | 0.5% | 1.0% | 3.5% | 4.2% |
If the interest on a long-term U.S. investment is compounded continuously, how long will it take the value of an investment to double? (Give the answer correct to two decimal places.)
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