How many years will it take an investment to quadruple if the interest rate is 8% compounded continuously?

Q: How many years will it take for $136,000 to grow to be $468,000 if it is invested in an account with…

A: Number of years refers to the time period for which the investment is paid. Sometimes, the period of…

Q: Approximately what interest rate is needed to double an investment over eight years?

A: In the given question we require to compute the interest rate which will make our investment double…

Q: How many years would it take you to grow an investment of $1000 today to $1600 assuming an interest…

A: Using NPER Function In excel

Q: If Anna’s investment of $900, grows to $1100 over 2 years, what simple interest rate does this…

A: A method of computing interest amounts in which the compounding effect was not considered by the…

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: How long does it take (to the nearest whole year) for $1,000 to quadruple in value when the interest…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

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: With an interest rate of 8%, how long does it take for an investment of $10, 400 to grow to $20,…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: With an interest rate of 10 % how long does it take for an invest- ment to triple, if the interest…

A: A concept that implies the future worth of the money is lower than its current value due to several…

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: 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: How long will it take money to triple itself if invested at 8.35% compounded quarterly? What is the…

A: The number of years it will take for the money to triple can be computed with the help of NPER…

Q: With an interest rate of 15 % how long does it take for an invest- ment to quadruple, if the…

A: Future Value formula with periodic compounding i.e. annual, monthly, semi-annual or quarterly…

Q: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate us…

A: Information Provided: Principal = $82,000 Term = 11 years Interest rate = 8% compounded monthly

Q: Approximately how many years would it take for an investment to grow fivefold if it were invested…

A: Investment amount (P) = $1 Future value (FV) = $5 Interest rate (r) = 9% Number of compounding per…

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: How long would it take to double your money in an account paying 8% compounded quarterly? Ignoring…

A: The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed…

Q: suppose you have$13000 to invest. which of the two rates would yield the larger amount in one year:…

A: Investment Amount (pv) = $13,000Interest Rate (rate) = 11%Type of Interest Compounded =…

Q: How much will $100 grow to if invested at a continuously compounded interest rate of 11.75% for 9…

A: Note: Since you have posted multiple independent questions in the same request, we will solve the…

Q: How much will $100 grow to if invested at a continuously compounded interest rate of 12.25% for 8…

A: After 8 years, the value of today’s $100 is calculated below:

Q: Say you have invested $50000 at a yearly interest rate of 15% compounded continuously. How many…

A: We have to calculate the tenure or the no. of years in the continuous compounding method. The…

Q: An investment will pay $10,000 eighteen months from now. What purchase price will provide a rate of…

A: Maturity amount (MV) = $10,000 Interest rate (r) = 7% Period (m) = 18 months

Q: Suppose the value of an investment doubles every 7 years. By what factor will its value rise in 30…

A: Given n=7 years Assuming, PV=$1 which means FV=$2 Using future value formula FV=PV1+rn

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: You have $900 to invest today. In how year will be double if you invest it an interest rate if 11%…

A: Given: Principal = 900 Amount =1800 Interest rate = 11% Compounded quarterly Time = ???

Q: Suppose you plan to deposit $100 into an account in one year and $300 into the account in three…

A: Computation:

Q: How many years will it take $145,000 to grow to $645,000 if it is invested in an account with a…

A: We use NPER function in excel to calculate time taken

Q: If you have an investment of $1000 that grows at a rate of 6%, compounded annually, how much will it…

A: The Future Value of this investment is computed to find the worth of the investment after 10 years.…

Q: How many years will it take an investment to quadruple if the interest rate is9% compounded…

A:

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 many years will it take to triple your investment of $8,000 if it has an interest rate of 7%…

A: A concept that implies the future worth of the money is lower than its current value due to several…

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: 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: ROUND ALL How much will $10,000 grow to in 3 years, assuming an interest rate of 9% compounded…

A: Future Value: It represents the future worth of the present amount and is estimated by the product…

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 does it take for your money to grow to ten times its original value if the interest rate of…

A: The given problem can be solved using NPER function in excel. NPER function computes no. of years/…

Q: How much will $100 grow to if invested at a continuously compounded interest rate of 10.5% for 7…

A: Principal, P = $ 100Time period, T = 7 yearsContinuously compounded interest rate, R = 10.5%

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: An investment will pay $25 per year (indefinitely), starting in one year’s time. The annual payments…

A: Given, Annual payment = $25 per year The growth rate of Annual payments = 3% Price of the investment…

Q: Approximately what interest rate is needed to double an investment over four years?

A: In the given question we need to calculate the interest rate which makes the investment double in…

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: If the interest rate is 3 percent then what is the present value of $8,198 to be received in 6 years…

A: Answer: Calculation of the present value of $8,198 to be received in 6 years: Present value = Future…

Q: How long will it take money to triple if invested at 8% compounded annually?

A: Solution The problem is related to the time value of money Let us solve this question with a present…

Q: How many years will it take an investment to triple if the interest rate is 8% compounded…

A:

Q: If an investment doubles in 9 years, how long will it take to quadruple (at the same rate of…

A: Investment is an action or process of investing money for getting profit.