menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Mathematical Analysis
  4. Exam
    Exam 5: Exponential and Logarithmic Functions
  5. Question
    The Value of an Investment of $1000 Earning 8% Compounded
Solved

The Value of an Investment of $1000 Earning 8% Compounded

Question 184

Question 184

Short Answer

The value of an investment of $1000 earning 8% compounded yearly is given by A = 1000(1.0 The value of an investment of $1000 earning 8% compounded yearly is given by A = 1000(1.0    ,where t is the number of years it has been invested.If the amount of your investment is now $4000,how long has it been invested?
,where t is the number of years it has been invested.If the amount of your investment is now $4000,how long has it been invested?

Correct Answer:

verifed

Verified

a little o...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q179: Evaluate and simplify: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6578/.jpg" alt="Evaluate and

Q180: Express <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6578/.jpg" alt="Express

Q181: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6578/.jpg" alt=" 125 = A)

Q182: Evaluate and simplify: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6578/.jpg" alt="Evaluate and

Q183: Find x: ln x = 1

Q185: Consider g(x)= - <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6578/.jpg" alt="Consider g(x)=

Q186: Assume your $2000 investment,which is guaranteed to

Q187: Write log(x + 3)in terms of natural

Q188: An earthquake which is 520,000 times as

Q189: An earthquake which is 7200 times as

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines