Penny invests $142,000 for 11 years, compounded yearly with a 4 R ST % APR. Find the annual percentage yield. State your response as a percentage rounded to 4 decimal places.
Penny invests $142,000 for 11 years, compounded yearly with a 4 R ST % APR. Find the annual perce...
An investment will pay you $29,900 in 11 years. The stated interest rate is 9% (APR). If interest is compounded continuously, what is the present value? Enter your response below rounded to two decimal places Number If the nominal interest rate is 4% and the real interest rate is 1%, what is the inflation rate? Enter your answer as a percentage. Do not enter the percentage sign in your answer Enter your response below (rounded to 2 decimal places)
If an investment earns an APR of r, as a decimal, compounded annually, then the time D, in years, required for the investment to double in value is given by D = log(2) log(1 + r) . (a) Find the doubling time (in years) for an investment subject to an APR of 6% if interest is compounded annually. (Round your answer to two decimal places.) yr
13 A bond pays a semi-annual coupon at an APR of 9.75%. The bond will mature in 6.00 years and has a face value of $1,000.00. The bond has a yield-to-maturity of 11.84% APR. What is the current yield for the bond? What is the current yield for the bond? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Find the EAR for the stated rate (APR) of 12.4 percent compounded quarterly. (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
Find the value, in 2 years’ time, of $4000 invested at 5% compounded annually. In the following 2 years, the interest rate is expected to rise to 8%. Find the final value of the investment at the end of the 4-year period, and find the overall percentage increase. Give your answers correct to 2 decimal places. Find the value, in 2 years’ time, of $4000 invested at 5% compounded annually. In the following 2 years, the interest rate is expected...
9. Gabi invests $900. After 7 years her investment is worth $319.5. Find the nominal annual continuously compounded rate of return r.
An investment wil pay you $25,400 in 20 years. The stated interest rate is 13% (APR). If interest is compounded semi-annually, what is the present value? Enter your response below rounded to two decimal places. Number
can someone please help me QUESTION 2 Find the annual percentage yield (APY) of an account with an APR of 5.6% compounded monthly. Round to two decimal places. QUESTION 3 Find the savings plan balance after 5 years with an APR of 8.8% and monthly payments of $572. QUESTION 4 You intend to create a college fund for your baby. If you can get an APR of 7% and want the fund to have a value of $158,962 after 16...
If an account has an APR of 3%, compounded monthly, what is the APY? Give your answer as a percentage (but leave out the % symbol) and round to 2 decimal places. Suppose you put $1200 in a savings account at an APR of 5% compounded quarterly. How much interest was earned after 4 years? Round to the nearest cent and leave off the $ symbol.
uestion 9 (10 points) Jari invests in a CD with an annual interest rate of 7.20% compounded quarterly. How many years will it take for Jari's investment to double. Round your answer 4 decimal places and include a label (written in lowercase) Your Answer: Question 9 options: Answer units