7199298
Descrição
FlashCards por Yasmin Bani, atualizado more than 1 year ago
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Criado por Yasmin Bani
quase 8 anos atrás
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| Questão | Responda |
| Find the accumulated amount after 3 years if $1000 is invested at 8% per year compounded continously | 1271.25 |
| Find the interest rate needed for an investment of $10,000 to grow an amount of $18,000 in 5 years if the interest is compounded monthly. | 0.1181 |
| How long will it take an investment of $6000 to double if the investment earns interest at the rate of 8% compounded continuously? | 8.7 years |
| If the cost of a semiprivate room in a hospital was $580/ day 5 yr ago and hospital costs have risen at the rate of 8%/year since that time, what rate would you expect to pay for a semiprivate room today? | $852.21 per day |
| In an agreement worked out with its banker, Denver assigns its royalty income of $4800/month for the next 3 yr from certain oil properties to the bank,with the first payment due at the end of the first month. if the bank charges interest at the rate of 9%/ year compounded monthly, what is the amount of the loan negotiated between the parties? | $150,944.67 |
| Solve 5ex+2=120 | x=1.178 |
| solve 6 ln x-7=12.2 | 24.5 |
| simplify ln (x+4)2=3 | 0.482 |
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