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wordproblemswithexponentsandlogs

Interest Rate Problems 1. Find each of the following: a. $500 invested at 4% compounded annually for 10 years. b. $600 invested at 5% compounded annually for 6 years. c. $750 invested at 3% compounded annually for 8 years. d. $1000 invested at 4% compounded annually for 7 years. e. $1250 invested at 3% compounded annually for 15 years. f. $1500 invested at 4% compounded semiannually for 7 years. g. $900 invested at 6% compounded semiannually for 5 years. h. $950 invested at 4% compounded semiannually for 12 years. i. $1100 invested at 5% compounded semiannually for 8 years. j. $1750 invested at 3% compounded semiannually for 10 years. k. $2000 invested at 5% compounded quarterly for 6 years. l. $2250 invested at 4% compounded quarterly for 9 years. m. $3500 invested at 6% compounded quarterly for 12 years. n. $2500 invested at 4% compounded quarterly for 10 years. o. $2100 invested at 5% compounded quarterly for 8 years. p. All of the above compounded continuously. 2. What principal will amount to $2000 if invested at 4% interest compounded semiannually for 5 years? 3. What principal will amount to $3500 if invested at 4% interest compounded quarterly for 5 years? 4. What principal will amount to $3000 if invested at 3% interest compounded semiannually for 10 years? 5. What principal will amount to $2500 if invested at 5% interest compounded semiannually for 7.5 years? 6. What principal will amount to $1750 if invested at 3% interest compounded quarterly for 5 years? 7. In how many years will $300 amount to $500 at 4% compounded annually? 8. In how many years will $350 amount to $1000 at 6% compounded semiannually? 9. In how many years will $400 earn $200 in compound interest if it is invested at 5% compounded annually. 10. In how many years will $100 double itself at 4% compounded annually. 11. In how many years will $100 double itself at 4% compounded quarterly? 12. In how many years will P dollars double itself at 3% compounded semiannua

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