If you invest $131,300 in a project which yields an annual return of $17,500, how many years will it take to recover your investment if the annual interest rate is 6.5%? O a. 12 O b. 10 O .9 O d. 13 O ell What is the simple interest rate that will triple an investment (make it three times as much) in 9 years? O a. 12.98% O b. 8.01% O c. 22.22% O d. 33.33% O e. 11.11% If the effective annual interest rate is 12.82% and the nominal annual rate is 12.25%, compounding is: O a. Semi-annual O b. Quarterly O c. Bi-monthly O d. Continuous 0OMonthly
If you invest $131,300 in a project which yields an annual return of $17,500, how many years will it take to recover your investment if the annual interest rate is 6.5%? O a. 12 O b. 10 O .9 O d. 13 O ell What is the simple interest rate that will triple an investment (make it three times as much) in 9 years? O a. 12.98% O b. 8.01% O c. 22.22% O d. 33.33% O e. 11.11% If the effective annual interest rate is 12.82% and the nominal annual rate is 12.25%, compounding is: O a. Semi-annual O b. Quarterly O c. Bi-monthly O d. Continuous 0OMonthly
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 16P
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