Suppose you invested $1,000 in stocks 5 years ago and your account is now worth $2,150. Please calculate the annual rate of return on this investment
We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
2150=1000*(1+r/100)^5
(2150/1000)^(1/5)=(1+r/100)
(1+r/100)=1.1654
r=1.1654-1
=16.54%(Approx)
Suppose you invested $1,000 in stocks 5 years ago and your account is now worth $2,150....
You invested $100,000 into an account 25 years ago. The investment is now worth $350,000. Calculate the interest rate if the investment was compounded semi-annually.
nti You have an investment account that started with $1,000 10 years ago and which now has grown to $12,000. a. What annual rate of return have you earned (you have made no additional contributions to the account)? b. If the investment account earns 16% per year from now on, what will the account's value be 10 years from now? wo a. What annual rate of return have you earned (you have made no additional contributions to the account)? aizl...
need the algebra and excel functions.
Suppose you invested $3,700 nine years ago into an investment which pays interest monthly. Your investment is currently worth $23,000. What is your monthly rate of return? (1.71%) Annual rate? (20.48%) Effective annual rate? (22.51%) Note: check out the EFFECT funct to calculate the EAR. Monthly EAR Algebra 20.5200 Finance Function #NUM!
You invested $1,000 two years ago, and the value of your investment has increased to $1,204. What is your compounded annual rate of return over this period? a. 6.82% b. 7.88% c. 9.73% d. 10.20% e. 11.76%
Your grandmother invested $1,000 in a diversified portfolio 50 years ago. That portfolio earned a compound annual return of 5%. How much is your grandmother’s portfolio worth today, exactly 50 years later? (Round to the nearest cent)
Suppose that you invested $100,000 in a business venture a number of years ago, your annual rate of return has been 11% and you have been given an offer of $283,942.00 to purchase your share of the business. How many years (round to the nearest whole year) have you been invested in the business (i.e. assume you invested on January 1, 200X and it is now December 31, 20XX)? Group of answer choices A. 8 years D. 10 years B. 11...
10 POI I Calculate the future worth of a $1,000 (invested today) 6 years from now if the rate of return is 10%.
Question 2 1 pts You invested $11,000, 11 years ago, and today the investment is worth $26,000. At what annual interest rate was the money invested, assuming the interest was compounded annually? Express your answer in % to the nearest 1/10%.
Your grandfather invested $1,000 in a stock 37 years ago. Currently the value of his account is $320,000. What is his geometric return over this period?
Your grandfather invested $1,000 in a stock 36 years ago. Currently, the value of his account is $318,000. What is his geometric return over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)