Problem Seven: A principal of 7650 OMR is invested at rate of 3.7% compounded continuously. After how many years will the investment first exceed 12250 OMR. I) II) Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR in 8 years if the interest is compounded annually. III) How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate of interest compounded continuously. IV) The value of shares (V) after (t) days is given by the relation V = 3t + 10vt + 167. %3D After how many days the shares price will reach 500 OMR

Problem Seven: A principal of 7650 OMR is invested at rate of 3.7% compounded continuously. After how many years will the investment first exceed 12250 OMR. I) II) Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR in 8 years if the interest is compounded annually. III) How long will it take for a principal of 1000 OMR to produce a future value of 2500 OMR at 10% rate of interest compounded continuously. IV) The value of shares (V) after (t) days is given by the relation V = 3t + 10vt + 167. %3D After how many days the shares price will reach 500 OMR

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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