1. (15 pts) You were fortunate enough to find an investment that guarantees an interest rate...

Question

Question

Answer 1

Answer #1

Answer: given the Rate of interest r= 84. 1 year Let N be the number of years to double the shoestment Let $xhuested in to so

Answer 2

Similar Homework Help Questions

Intro You make a one-time investment of $600 and leave it for 5 years, earning an...

Intro You make a one-time investment of $600 and leave it for 5 years, earning an annual interest rate of 9%. B Attempt 1/10 for 8 pts. Part 1 How much interest will you have earned after 5 years? No decimals Submit B Attempt 1/10 for 8 pts. Part 2 If you leave the eitire amount in your account for another 5 years and earn the same interest rate, how much interest will you earn over the second 5-year period?...
You have $2,000 to invest right now, and the best interest rate you can find is...

You have $2,000 to invest right now, and the best interest rate you can find is 5%. You want to know how long it will take to double your money to $4,000. The number of years is _____.
1. -15 points Find the requested value and tell what the other numbers represent. Find P:...

1. -15 points Find the requested value and tell what the other numbers represent. Find P: 11716 = P + P(0.04X4) Need Help? Read It Watch It Talk to a Tutor 2. -12 points $14,000 is invested for 4 years at an annual simple interest rate of 12%. (a) How much interest will be earned? (b) What is the future value of the investment at the end of the 4 years? Need Help? Read It Watch It Talk to a...

3 (3) Your company makes an investment of $11,000. (a) What interest rate would be required...

3 (3) Your company makes an investment of $11,000. (a) What interest rate would be required to grow this sum to $24,000 in 8 years if interest were compounded semiannually? (b) At an interest-rate of 8% how long will it take to double the original $11,000?
Question 9 5 pts You invest $1 at a 10 percent interest rate for 50 years....

Question 9 5 pts You invest $1 at a 10 percent interest rate for 50 years. How many doublings does the investment experience? Give your answer rounded to the nearest integer. Question 10 5 pts How many doubling periods do you have to wait for 1 cent to grow to $100 trillion? Give your answer rounded to the nearest integer.
You purchased an investment that will pay $20,000 in 15 years. If the interest rate is...

You purchased an investment that will pay $20,000 in 15 years. If the interest rate is 5%, what is the present value of this investment? $41,578.56 O $9,620.34 O $14,673.21 O $12,349.65

Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account...

Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account in one year and $300 into the account in three years. How much will be in the account in five years if the interest rate is 8%? 2. (1 pts) You are considering an investment that will pay you $1000 in one year, $2000 in two years and $3000 in three years. If you want to earn 10% on your money, how much would...
Question 8 5 pts You invest $1 at a 10 percent interest rate for 50 years....

Question 8 5 pts You invest $1 at a 10 percent interest rate for 50 years. How much do you have after 50 years? Give your answer in $rounded to the nearest integer.
Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account...

Question 4 (3 pts) 1. (1 pts) Suppose you plan to deposit $100 into an account in one year and $300 into the account in three years. How much will be in the account in five years if the interest rate is 8%? 2. (1 pts) You are considering an investment that will pay you $1000 in one year, $2000 in two years and $3000 in three years. If you want to earn 10% on your money, how much would...

For the following investment, find the total number of compounding periods (n) and the interest rate...

For the following investment, find the total number of compounding periods (n) and the interest rate per period (i) that you would substitute into the future value or present value formula . (Do not round.) Time Annual Rate Compounded Rate per period (in decimal form) Compounding periods 8 years 4.5% Monthly