Homework Answers
The pattern is, as interest rate is rising Time is decreasing to achieve a same objective hence we can say that Time and Rate have a Inverse Relation
Formula In Excel =NPER(RATE,,PV,FV,0)
NOTE
We have taken PV in negative because it was our investment and hence it is outflow of Fund
Add Answer to:
4. Investment Horizons. Eractly how long w it take for $500 to grow to $1000 at...
3. Investment Horizons. How long does the Rule of 72 predict that it will take for...
3. Investment Horizons. How long does the Rule of 72 predict that it will take for $500 to double in value when the effective annual interest rate is 1 percent? Exactly how many years will it take for $500 to double in value when the effective annual interest rate is 1 percent?
44. 31. How long will it take $5000 to grow to $6500 if the investment earns...
44. 31. How long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 6%/year com- pounded monthly? 32. How long will it take $12,000 to grow to $15,000 if the 45 investment earns interest at the rate of 4%/year com- pounded monthly? 33. How long will it take an investment of $2000 to double if 46 the investment earns interest at the rate of 5%/year com- pounded monthly? We were unable to...
How long will it take $5,000 investment to grow to $6,500 at an annual rate of...
How long will it take $5,000 investment to grow to $6,500 at an annual rate of 7% compounded semi-annually
QUESTION 4 How many years will it take for an investment of $1,009 to grow to...
QUESTION 4 How many years will it take for an investment of $1,009 to grow to $2,456 if it is invested at 8% compounded semiannually? Please round your answer to the second decimal (e.g. 0.00) QUESTION What is the effective annual rate (EAR) with an annual rate of 10.21% compounded continuously? Please round your answer to the fourth decimal. (e.g. if the answer is 1.11%, you should input 0.0111).
How long will it take for a $2500 investment to grow to $4000 at an annual...
How long will it take for a $2500 investment to grow to $4000 at an annual rate of 15%, compounded monthly? Assume that no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest hundredth If necessary, refer to the list of financial formulas. U years I Don't Know Sulit 2020 M Als Res
Compound interest. How many years will it take for an investment of 600€ to grow to...
Compound interest. How many years will it take for an investment of 600€ to grow to 1500€ if the annual interest rate is 9% and the interest is compounded annually?
Question ? How many years will take for an investment of 57.500 to grow to $2.000...
Question ? How many years will take for an investment of 57.500 to grow to $2.000 is invested w a lly? At what rate of interest mest you savings of $10,000 he compounded annually for it to grow to 52.000 in years? 12.5-25-5 marks) a lot of 100AED on 5 years. The interest rate is 2% compounded Construct an amortization schedule for the loan repayment (5 Marks) al Question 2 i. How many years will it take for an investment...
754.000 is niet compounded annually, how long will take for it to grow to 51.000, uning...
754.000 is niet compounded annually, how long will take for it to grow to 51.000, uning no withdraw me? Comprenswer to the next higher you are -P10 OA2 years OB. 5 years OC. 8 years OD 6 years Type here to search 9 de الالال 95 3 5 6 7 8 E R Y S D F H к 2. X C V B N M 1
1. How long will it take $3000 to grow to $23000 if it is invested at...
1. How long will it take $3000 to grow to $23000 if it is invested at 7% compounded monthly? ____ years (round to nearest year). 2. For services rendered, an attorney accepts a 120-day note for $6,000 at a 8% simple interest from a client. (Both interest and principal are repaid at the end of 120 days.) Wishing to use her money sooner, the attorney sells the note to a third party for $6,060 after 30 days. What annual interest...
Sometimes we need to find out long it will take money to grow to some particular...
Sometimes we need to find out long it will take money to grow to some particular amount. For example, if a company’s sales are growing at 9% per year, how long will it take sales to triple? If you want the investment to quadruple in 8 years, what interest rate must it earn?
3. Investment Horizons. How long does the Rule of 72 predict that it will take for $500 to double in value when the effective annual interest rate is 1 percent? Exactly how many years will it take for $500 to double in value when the effective annual interest rate is 1 percent?
44. 31. How long will it take $5000 to grow to $6500 if the investment earns interest at the rate of 6%/year com- pounded monthly? 32. How long will it take $12,000 to grow to $15,000 if the 45 investment earns interest at the rate of 4%/year com- pounded monthly? 33. How long will it take an investment of $2000 to double if 46 the investment earns interest at the rate of 5%/year com- pounded monthly? We were unable to...
How long will it take for a $2500 investment to grow to $4000 at an annual rate of 15%, compounded monthly? Assume that no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest hundredth If necessary, refer to the list of financial formulas. U years I Don't Know Sulit 2020 M Als Res
Question ? How many years will take for an investment of 57.500 to grow to $2.000 is invested w a lly? At what rate of interest mest you savings of $10,000 he compounded annually for it to grow to 52.000 in years? 12.5-25-5 marks) a lot of 100AED on 5 years. The interest rate is 2% compounded Construct an amortization schedule for the loan repayment (5 Marks) al Question 2 i. How many years will it take for an investment...
754.000 is niet compounded annually, how long will take for it to grow to 51.000, uning no withdraw me? Comprenswer to the next higher you are -P10 OA2 years OB. 5 years OC. 8 years OD 6 years Type here to search 9 de الالال 95 3 5 6 7 8 E R Y S D F H к 2. X C V B N M 1
Most questions answered within 3 hours.
-
Calculate the pH of each of the following solutions.
0.50 M HBr
3.1×10−4 M KOH
4.2×10−5...
asked 3 hours ago -
For the year ended December 31, Depot Max’s cost of merchandise
sold was $85,600. Inventory at the...
asked 3 hours ago -
Week 10 - Professional Memo Assignment
Professional Memo Assignment
Your mission for this week, should you...
asked 3 hours ago -
Write a Python program that stores the data for each
player on the team, and it...
asked 3 hours ago -
In
the last 3 months, mike never knows when he is going to get his
allowance...
asked 3 hours ago -
Is Ca(OH)2 a Bronsted base, Lewis base, or both? Why?
asked 3 hours ago -
1A- Why don’t voters complain about U.S. tariffs on imported
sugar?
Because sugar is only a...
asked 3 hours ago -
Cash Payback Period
Primera Banco is evaluating two capital investment proposals for
a drive-up ATM kiosk,...
asked 3 hours ago -
Create a button in Swift (Xcode) that will create a charge,
create a charge using Stripe's...
asked 3 hours ago -
The reaction rate of CO and NO2 in the reaction
CO(g) + NO2(g) → CO2(g) +...
asked 3 hours ago -
Imagine that a chemist puts 6.40 mol each of
C3H8 and O2 in a 1.00-L container...
asked 3 hours ago -
How much money should be invested today in order to have $8340
at the end of...
asked 3 hours ago