Using the Rule of 72, calculate howquickly $1,000 will double to $2,000 at interest rates of2 percent, 4 percent, 6 percent, 8 percent, and 10 percent.

For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Annuity Payment $ 2,000 $ 1,280 $ 11,580 30,150 69 $ Years 7 17 25 Interest Rate 9 % 8 10 12

The amount of interest on $X for two years is $330. The amount of discount on $X for one year is $144. Find the annual effective interest rate i and the value of X. (Round your answer for i to two decimal places. Round your answer for X to the nearest cent.) ¡ = 9.42 X X = $ 1672.66 X Submit Answer %

Find the present value of the future value of $5,750 at 4 5/8% simple interest for 630 days. (Round your answer to the nearest cent.)P = $

Suppose that the interest rate is 5 percent. Instructions: Enter your answers rounded to 2 decimal places. a. What is the future value of $100 six years from now? $ How much of the future value is total interest? $ b. By how much would total interest be greater at an interest rate of 7 percent than at an interest rate of 5 percent?

Use the continuous compound interest formula to find the indicated value. A= $16,687; P=$10,400; t= 60 months; r= ?

What is the Present Value (PV) of a 4-year $500 Ordinary Annuity if the annual interest (discount) rate is 4%?   Please draw a timeline to visualize the problem. Use "." to form a time interval, e.g. 0.................1.................2.................3   ( calculate the first sentence and provide a timeline)

Calculate the simple interest earned. Round to the nearest cent. P = $4700, r = 7%, t = 1 year