Question

1) if 3200 is invested for 6 years at 8% compunded quarterly, how much will be...

1) if 3200 is invested for 6 years at 8% compunded quarterly, how much will be in the account at the end of the 6 years, how much interest will be earned over 6 years.

2) supposed the supply of x units of a certain product at price p dollars per unit is give by p=14+6 In(4x+1). how many units of this product will be supplied when the price is 6 dollars each. Round to whole number)

  

Math   Advanced-Math   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. How much more interest will be earned if $7000 is invested for 6 years at...
1. How much more interest will be earned if $7000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly. 2. How long does it take for an account containing $6000 to be worth $15,000 if the money is invested at 8.4% compounded monthly?
If $600is invested at 8% compounded quarterly,what is the amount after 5 years?How much interest is...
If $600is invested at 8% compounded quarterly,what is the amount after 5 years?How much interest is earned?
1.The future value of 3500 dollars invested at 4.5% per year compounded quarterly for six years...
1.The future value of 3500 dollars invested at 4.5% per year compounded quarterly for six years is         ?          dollars. Answer is whole number of dollars, no $ sign. 2. The future value of 810 dollars invested at 5.2% per year compounded monthly for twenty years is     ?         dollars. Answer is whole number of dollars, no $ sign. 3. How much do you need to invest at 3.1% per year compounded continuously for nine years to have 5000 dollars at the...
If $300 is invested at 6% compounded what is the amount after 5 years? how much...
If $300 is invested at 6% compounded what is the amount after 5 years? how much is earnd? If it is compounded annually what is the amount? If it is compounded quarterly what is the amount? If it is compounded monthly what is the amount?
If you had invested ​$10,000 on January​ 1st, 2009, at 6​% interest compounded quarterly, how much...
If you had invested ​$10,000 on January​ 1st, 2009, at 6​% interest compounded quarterly, how much would you have on October 1,2018? How much money must you deposit at 4​% interest compounded annually in order to earn $ 240.00 interest in one​ year?
Rachel invested her savings in a bank at 3.00% compounded quarterly. How much money did she...
Rachel invested her savings in a bank at 3.00% compounded quarterly. How much money did she invest to enable withdrawals of $4,000 at the beginning of every 6 months from the investment for 8 years, if the first withdrawal is to be made in 11 years?
Question 1 Which of the following has the highest future value? $2,500 invested at the beginning...
Question 1 Which of the following has the highest future value? $2,500 invested at the beginning of each of the next five years at 6% $10,000 invested today for five years at 7% $2,000 invested at the end of each of the next five years at 7% $7,500 invested today for five years at an interest rate of 12% Question 2 You own a 3 bedroom/2 bath house. On your balance sheet, what should you use as the value of...
* Engineering Economic Analysis How much money must be invested in an account that pays 6%...
* Engineering Economic Analysis How much money must be invested in an account that pays 6% per year in- terest to be worth $20,000 at the end of 8 years if (forgetting leap years and making “convenient” assumptions): (a) Interest is compounded annually ? (b) Interest is compounded semi-annually ? (c) Interest is compounded quarterly ? On (c), provide the solutions using the Compound interest table AND the formula AND the EAIR
Mike deposits $125,000 today into an investment account which pays 6% compounded quarterly.  How much will Mike...
Mike deposits $125,000 today into an investment account which pays 6% compounded quarterly.  How much will Mike have in his account after 20 years?
1). How much should be invested at 7% to have $1300 at the end of 2.5...
1). How much should be invested at 7% to have $1300 at the end of 2.5 years? (Round your final answer to two decimal places.) 2).Find the annual nominal rate for the effective rate given below. Effective rate = 4.902%. Annual rate is compounded quarterly. (Round your final answer to one decimal place.) 3). Consider the following. $38,000 is invested at 5.5% compounded annually for 7 years. (Round your final answers to two decimal places.) a. Find the final amount...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT