Q: Approximately what interest rate is needed to double an investment over eight years?
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Q: You have $1725 to invest. You know that a particular investment will double your money in five…
A: The future value of the cash flow is the future worth of a cash flow series at a certain rate of…
Q: Approximately how many years are needed to double a $100 investment when interest rates are 5.50…
A: Future value is the value of the asset at a particular time. The present value of the asset when…
Q: Approximately how many years does it take to double a $600 investment when interest rates are 6…
A: In the above question we need to compute the time period i.e. number of years required to make the…
Q: Use logarithms to solve the problem. How long will it take an investment of $7000 to triple if the…
A: Future Value = Present Value (1 + g)n
Q: How many years will it take an investment to quadruple if the interest rate is 8% compounded…
A: Interest charged on the principal amount and the interest accrued is known as Compound Interest. It…
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A: Present value of perpetuity is = cash flow/rate
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A: Present value is also known as a present discounted value, in which the future value of cash inflows…
Q: In how many years will be the investment to double in value at 5% simple interest rate?
A: Let's assume principal amount be 100, then it would be doubled to 200. Interest rate = 5%
Q: (Solving for n with nonannual periods) About how many years would it take for your investment to…
A: Calculate the time taken to grow the amount to four times by using the formula of future value .…
Q: If you want an investment to double in three years, what annual interest rate must it earn?
A: Given: An investment doubles in 3 years So, let initial investment be 100 Future value = 200 (twice…
Q: How many years an investment would be four times its initial value at an interest rate of 11…
A: The rule of 144 calculates the number of years in which the money or investment will quadruple. The…
Q: Approximately how many years does it take to double a $300 investment when interest rates are 8…
A: Details given are : Today investment (Present value) = $300 Future value = $300 * 2 = $600 Interest…
Q: You have $1725 to invest. You know that a particular investment will double your money in five…
A: First we will find the rate for the investment and then with that rate we will calculate the FV.
Q: w, how much more money is required to ayment for thirty years?
A: Interest refers to the cost of money borrowed from a lender. It can be simple or compound. It is…
Q: what is the investment's FV at rates of 0%, 5% and 20% after 0,1,2,3,4,and 5 years
A:
Q: How many years will it take an investment to triple if the interest rate is 6% compounded annually?
A: In the given question we are required to compute the number of years that will make the investment…
Q: Approximately what interest rate is needed to double an investment over six years?
A: In this question we require to compute the interest rate at which our investment will get double in…
Q: Approximately what rate is needed to double an investment over five years?
A: In this question we need to compute the rate which will make the investment double in five years.
Q: Consider an investment that offers $4,000, $5,000 and $6,000 in the next 3 years, with the first…
A: Present value is the concept of time value of money. Time value of money concept states that value…
Q: If you have an investment that is earning 5.5% annually, use the Rule of 72 to estimate how many…
A: Computation:
Q: About how many years would it take for your investment to grow threefold if it were invested at an…
A: In the given problem we require to calculate the number of years that will make the investment three…
Q: An investment pays simple interest and doubles in 11 years. What is the interest rate? Answer =…
A: Simple interest is the amount earned on initial investment it doesn't take compounding into…
Q: If you invest $1 at 8 percent compounded monthly, about how many years would it take for your…
A: Future value = current value*(1+ rate/12)^n Future value = 6 times the current value = $6 Current…
Q: nvestment earns 20% compounded semiannually. After how many years will it trip
A: An investment is a purchase of an asset or item with the intent of earning income or increasing in…
Q: Approximately (using the Rule of 72), how many years will it take to double a $3000 investment when…
A: The Rule fo 72 is a model which helps in knowing the number of years it will take to double the…
Q: For the investment situation below, identify the annual interest rate, the length of the investment…
A: Given, rate =8% years = 10
Q: Can someone explain how I solve it in an easy way? 14.) For the investment situation below,…
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Q: (Solving for n with nonannual periods) About how many years would it take for your investment to…
A: We require to calculate the the number of years that make the investment twofold i.e. two times.…
Q: (Solving for n with nonannual periods) About how many years would it take for your investment to…
A: In the given question we require to calculate the the number of years that make the investment…
Q: How long (in months) will it take for your investment to double at 5% interest?
A: This question would be solve by using the compounding interest formula and the formula is - A = P…
Q: Give a detailed answer to the theoretical question: How many years will it take for money to…
A: Let the Present value be $100 the money increase by 85% Future value = $100 x 1.85=$185 rate (r)=…
Q: How many months will it take for an investment to triple if the interest rate is9% compounded…
A: The Rule of 115 follows the Rule of 72. The Rule of 115 will show how long it will take to triple…
Q: How many years will it take for an investment to double itself if the interest rate is 10%?
A: As per Rue of 72 Time taken to double the investment = 72 / Rate of return
Q: What is effevtive interest rate per year for an investment of $50 at an interest rate of $5 per…
A: Following is the effective interest rate per year
Q: how many years are needed to double a $100 investment when interest rates are 5.25 percent per year?…
A: Rule of 72: It is a method used to compute how long it will take for an investment to double its…
Q: Approximately how many years does it take to double a $475 investment when interest rates are 8…
A: In this question we require to compute the number of years from following details : Present value…
Q: How long, to the nearest year, does it take an investment at 6% compounded annually to…
A: The future value of the cash flow is the future worth of a cash flow at a certain rate of interest…
Q: How many months does it take for a present sum of money to double if the nominal interest rate is…
A: The present value of a sum will be double when the interest accumulated on it will be equal to the…
Q: Approximately how many years does it take to double a $500 investment when interest rates are 4…
A: In this question we need to compute the time period i.e. number of years that will make investment…
Q: How many years will it take an investment to triple if the interest rate is 8% compounded monthly?
A: Annual interest rate = 8% Monthly interest rate (r) = 8%/12 = 0.666666666666667% Future value factor…
Q: How many years will it take an investment to triple if the interest rate is 8% compounded…
A:
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- You have been depositing money into an account yearly based on the following investment amounts, rates and times. What is the value of that Investment account at the end of that period?what is the investment's FV at rates of 0%, 5% and 20% after 0,1,2,3,4,and 5 yearsAn investment pays simple interest and doubles in 11 years. What is the interest rate?Answer = percent.
- What is the effective annual rate on an investment that pays an interest rate of 8.25% continuously?If an investment of $2,000 grew to $2,520 in three periods, what is the interest rate at which the investment grew? Solve using both present and future value tables.For the following exercise, use the compound interest formula, A(t) = P 1 + r n nt , where money is measured in dollars.After a certain number of years, the value of an investment account is represented by the expression 10,950 1 + 0.03 2 24 . How many years had the account been accumulating interest? yr
- Suppose that you have an investment that earns 0% in the first year, but 20.7% in the second year. What rate of interest, compounded annually, would yield the same return after two years? (Answer in percentage)To calculate the effective rate of return on an investment, the total compound interest earned in 1 year is divided by the _____.An increase in future value can be caused by an increase in the.... Group of answer choices annual interest rate number of compounding periods original amount invested both the annual interest rates and compounding period.
- An investment is represented by the equation A(t)=10,250(1+ 0.04/12)120 How many years has the account been accumulating interest?If money is invested at 6% per year, after approximately how many years will the interest earned be equal to the original investment?If you want an investment to double in three years, what annual interest rate must it earn?
