Question

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)

Answer #1

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 earned?

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 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 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 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?

* 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

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...

1) It has been estimated that a certain stream can support
76,000 fish if it is pollution-free. It has further been estimated
that for each ton of pollutants in the stream, 1200 fewer fish can
be supported. Assuming that the relationship is linear, write the
equation that gives the population of fish p in terms of
the tons of pollutants x.
2)A retired woman has $80,000 to invest. She has chosen one
relatively safe investment fund that has an annual...

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?

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