Suppose an investment offers to triple your money in one year? What rate of return are you being offered? Assume interest is compounded annually.
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Suppose an investment offers to triple your money in one year? What rate of return are...
Suppose an investment offers to triple your money in 24 months (don't believe it). Required: What rate of return per quarter are you being offered?
17 Suppose an investment offers to triple your money in 36 months (don't believe it). What rate of return per quarter are you being offered? Хо0:46:33 Multiple Choice o 12.98% o 715% o 10.55% o 8.63% C 9.59%
An investment offers to triple your money in 24 months (don't believe it). What rate per three months are you being offered? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate _______ %
4) How long will it take your money to triple if you receive 10% return on your money, compounded annually? 5) If your money doubled in 7 years, what was the interest rate you received if compounded annually? 6) If you had two investment opportunities, A -8% compounded annually or B - 8.25% simple interest, which would you choose over a ten-year horizon?
Suppose an investment offers to quintuple your money in 36 months (don’t believe it). What rate of return per quarter are you being offered? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Suppose an investment offers to quadruple your money in 36 months (don’t believe it). What rate of return per quarter are you being offered? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Suppose an investment offers to quintuple your money in 42 months (don't believe it). What rate of return per quarter are you being offered? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Rate of return 12.18-/-1%1%
Suppose an investment offers to quadruple your money in 24 months (don’t believe it). What rate of return per quarter are you being offered? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c.)“Give me $10,000 today and I'll return $16,000 to you in five years," offers your investment broker. To the nearest tenth of a percent, what annual interest rate is being offered? d.)How much money would you have to put away at the end of each year to have $1,600,000 when you retire 26 years from now if you can earn 4% on your money? e.)How much can be accumulated if $2,375 is deposited at the end of each month for...
An investment offers to quadruple your money in 36 months (don't believe it). What rate per year are you being offered? (Do not round intermediate calcu Rate References eBook & Resources Worksheet Learning Objectiu investment Difficulty: 2 Intermediate