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Investment A offers a l 1% return compounded semiannually, and investment B offers a 10.87% return...
Investment A offers a 12% return compounded semiannually, and investment B offers a 11.69% return compounded continuously. Which investment has a higher rate of return over a 4-yr period? Investment B. Investment A.
How long will it take an investment of $5900 to double if the investment earns interest at the rate of 6% compounded continuously? Please round your answer to two decimal places. 9.80 yr 11.55 yr 13.86 yr 13.14 yr 9.90 yr
5. How long will it take money to double if it is invested at (A) 8% compounded semiannually? (B) 7% compounded semiannually? 6. Bank A offers a 2-year GIC that pays 4.82% compounded continuously and Bank B offers a 2-year GIC that pays 4.85% compounded quarterly. Find the annual percentage yield (or effective rate) for each one Which bank's GIC has the higher return?
Christine O'Brien, who is self-employed, wants to investa. Choose the investment which will earn the most $80,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously. a. Which investment will earn the most interest in 5 years? b. How much more wil the better plan earn? C. What is the effective rate in each case? interest below O compounded continuously O compounded quarterly b. The difference is $ d. If Ms. O'Brien chooses the...
Suppose $20,000 is invested in an account that returns 9% per year compounded continuously. (Round your answers to one decimal place.) (a) How long will it take for the investment to double? yr (b) How long will it take for the investment to triple? yr
find the accumulated value of an investment of 25,000 for 4 years at an interest rate of 5%, if the money is a compounded semiannually; b. coumpounded quaterly; c. compounded monthly d. coumpounded continuously.
Example 8: (CC5e p. 63) Consider two investment offers: an APR of 6.9% compounded quarterly (Investment A) or an APR of 6.7% compounded monthly (Investment B). a. Determine the better investment by calculating the effective rate (APY) for each. • Investment A • Investment B b. Compare the time it will take an investment to double for each offer. Which investment doubles more quickly and is therefore the better investment? • Investment A • Investment B
Problem 1 If an initial investment of $500 is invested at 1% annually compounded continuously (HINT: Refer to the example in the notes. Can use I(t) for the investment money, p0.001 for the 1% interest) a) Provide the ODE for the investment b) How much wll the investment be worth in 5 years (t=5)? c) How long will it take for the initial investment to double? (hint: find t given It)1000) Problem 1 If an initial investment of $500 is...
An investment earns interest, compounded semi-annually, for 30 compounding periods. For how long is the principal invested? Ap('tight O 7.5 years O 15 years O 30 years O 15 months Question 10 (1 point) An investment offers 8% annual interest, compounded quarterly. What is the interest rate per compounding period? O8% OOO А в PCts hя + A=P(l+ilux A= lood tih
1. Investment X offers to pay you $3997 per year for 18 years, whereas Investment Y offers to pay you $9988 per year for 5 years. Both investments have a discount rate of 5.0%. Calculate the present value for Investment X. 2. Investment X offers to pay you $1461 per year for 19 years, whereas Investment Y offers to pay you $6073 per year for 6 years. Both investments have a discount rate of 12.1%. Calculate the present value for...