4. Finding the interest rate and the number of years
The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations.
If a security currently worth $2,000 will be worth $3,427.65 seven years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made?
8.00% 6.40% 1.71% 5.83%
Homework Answers
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4. Finding the interest rate and the number of years The future value and present value...
4. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth $12,800 will be worth $16, 124.31 three years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made? 8.00% 6.40% 7.94% 1.26% for this...
10. Finding the interest rate and the number of years The future value and present value...
10. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security of $10,000 will be worth $14,693 five years in the future, assuming that no additional deposits or withdrawals are made, what is the Implied interest rate the investor will earn on the security? O 4.80% O 6.00% O 6.40% O...
Attempts: Average be number of years 4. Finding the interes Aa The future value and pre...
Attempts: Average be number of years 4. Finding the interes Aa The future value and pre correspond to present and quations also help in finding the interest rate and the number of years that value calculations. If a security currently worth $12,800 will be worth $18,807.40 five years in the future, what is the implied interest rate the investor will earn on the setsrity-assuming that no additional deposits or withdrawals are made? O O 8.00% 0.29% 1.47% 6.40% If an...
MInbox (X HubSpoX M BYOB SLX M BYOBB X J Home X Assignex Mind Tax ng...
MInbox (X HubSpoX M BYOB SLX M BYOBB X J Home X Assignex Mind Tax ng Cengage Cortatic/b/g/eve in he doggy Inted 5565224521/09347990 2 8 SEN CENGAGE MINDTAP Assignment: Chapter 04. Time Value of Money 6. Finding the interest rate and the number of years Аа Аа аа The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations If a security currently worth...
if a security currently worth 9200 will be worth 11,193.21 5 years in the future what...
if a security currently worth 9200 will be worth 11,193.21 5 years in the future what is the implied interest rate the investor will earn on the security assuming that no additional deposits or withdrawls are made.
5-4: Finding the Interest Rate, I
Finding the required interest rateYour parents will retire in 28 years. They currently have $400,000, and they think they will need $2,400,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places. %
3. Problem 5.03 Click here to read the eBook: Finding the Interest Rate, I FINDING THE...
3. Problem 5.03 Click here to read the eBook: Finding the Interest Rate, I FINDING THE REQUIRED INTEREST RATE Your parents will retire in 20 years. They currently have $260,000 saved, and they think they will need $2,200,000 at retirement. What annual in rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
Ch 05: Assignment Time Value of Money Back to Assignment Attempts: Average:/4 3. Present value Finding...
Ch 05: Assignment Time Value of Money Back to Assignment Attempts: Average:/4 3. Present value Finding a present value is the reverse of finding a future value is the process of calculating the present value of a cash flow or a series of cash flows to be received in the future Which of the following investments that pay will $10,500 in 13 years will have a lower price today? The security that earns an interest rate of 14.50%. The security...
Please answer ASAP (correctly) Back to Assignment Attempts Keep the Highest: /4 Attention: Due to a...
Please answer ASAP (correctly)
Back to Assignment Attempts Keep the Highest: /4 Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 3. Present value Finding a present value is the reverse of finding a future value. Which of the following is true about finding the present value of cash flows? O Finding the present value of cash flows tells you how much you need to invest today so that it...
part 1 given info present value = periodic interest rate = number of compounding periods =...
part 1 given info present value = periodic interest rate = number of compounding periods = 190.00 0.080 6.00 What is the future value (single payment)? part 2 future value periodic interest rate = number of compounding periods = 301.51 0.080 6.00 what is the present value (single payment)? part 3 periodic payment periodic interest rate = number of compounding periods = 340.00 0.02 8.00 What is the future value of this annuity? part 4 present value (amount borrowed) =...
4. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth $12,800 will be worth $16, 124.31 three years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made? 8.00% 6.40% 7.94% 1.26% for this...
10. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security of $10,000 will be worth $14,693 five years in the future, assuming that no additional deposits or withdrawals are made, what is the Implied interest rate the investor will earn on the security? O 4.80% O 6.00% O 6.40% O...
Attempts: Average be number of years 4. Finding the interes Aa The future value and pre correspond to present and quations also help in finding the interest rate and the number of years that value calculations. If a security currently worth $12,800 will be worth $18,807.40 five years in the future, what is the implied interest rate the investor will earn on the setsrity-assuming that no additional deposits or withdrawals are made? O O 8.00% 0.29% 1.47% 6.40% If an...
MInbox (X HubSpoX M BYOB SLX M BYOBB X J Home X Assignex Mind Tax ng Cengage Cortatic/b/g/eve in he doggy Inted 5565224521/09347990 2 8 SEN CENGAGE MINDTAP Assignment: Chapter 04. Time Value of Money 6. Finding the interest rate and the number of years Аа Аа аа The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations If a security currently worth...
3. Problem 5.03 Click here to read the eBook: Finding the Interest Rate, I FINDING THE REQUIRED INTEREST RATE Your parents will retire in 20 years. They currently have $260,000 saved, and they think they will need $2,200,000 at retirement. What annual in rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
Ch 05: Assignment Time Value of Money Back to Assignment Attempts: Average:/4 3. Present value Finding a present value is the reverse of finding a future value is the process of calculating the present value of a cash flow or a series of cash flows to be received in the future Which of the following investments that pay will $10,500 in 13 years will have a lower price today? The security that earns an interest rate of 14.50%. The security...
Please answer ASAP (correctly)
Back to Assignment Attempts Keep the Highest: /4 Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 3. Present value Finding a present value is the reverse of finding a future value. Which of the following is true about finding the present value of cash flows? O Finding the present value of cash flows tells you how much you need to invest today so that it...
part 1 given info present value = periodic interest rate = number of compounding periods = 190.00 0.080 6.00 What is the future value (single payment)? part 2 future value periodic interest rate = number of compounding periods = 301.51 0.080 6.00 what is the present value (single payment)? part 3 periodic payment periodic interest rate = number of compounding periods = 340.00 0.02 8.00 What is the future value of this annuity? part 4 present value (amount borrowed) =...
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