An investment earning 16% simple interest has a maturity value of $9440.00 after eight months. What was the initial amount invested? A. $8530.12 B. $10,446.93 C. $7228.92 D. $8853.33 E. $7780.22
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- What is the balance after 3 years on a CD with an initial investment of $1,800.00 and a 2.75% interest rate? A. $1,899.00 B. $1,952.62 C. $1,805.50 D. $4,950.00An investment is represented by the equation A(t)=10,250(1+ 0.04/12)120 How many years has the account been accumulating interest?2. A P100 investment yields P112.55 in one year. The interest on the investment was compounded quarterly. From this information, what was the stated rate or APR of the investment? a.12.55%b.12.25%c.12.15%d.12.00%
- What is the rate of return (the interest rate) on an investment today of $30,626.24 if the company expects to receive $45,000 in 5 years? а. 9% O b. 8% С. 6% d. 7%What is the simple interest rate applied if an investment of Php 37,500 accumulates to Php 45,937.50 in a period of 1.5 years? A. 25% B. 15% C. 20% D. 10% Thank you in advance.step by step explaination What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $10377
- A certain investment earns P2,000 in 18 months at a rate of 8% simple interest. How much is the principal investment? P1,758.71 P1,875.71 P1,785.71 P1,785.17Calculate the future value of an investment if the annual interest rate is 9%, number of payments is 30, and each payment of $1000 is made at the end of the year. A. $102,893 B. $136,308 C. $108,212 O D. $98,234If an initial investment of $1,000 is invested at 8% interest per year with semi-annual compounding, how much would be in the account after five years? A. $1,081.60 B. $1,061.66 C. $1,051.00 D. $1,281.60 The difference between the present and future worth of money at some time in the future is called A. Discount B. Deduction C. Inflation D. Depletion
- a. Find the FV of $1,000 invested to earn 12% after 6 years. Round your answer to the nearest cent. $4 b. What is the investment's FV at rates of 0%, 6%, and 20% after 0, 1, 2, 3, 4, and 5 years? Round your answers to the nearest cent. Interest Rate Year 0% 6% 20% $4 $ $ 2$ $ $ 2 $ 2$ $ 2$ $ 4 24 24 $ 2$ 24 Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 6%, and grey line is for 20%. The correct graph isAn investment offers to pay $600 quarterly for 21 years with an interest rate of 6%, how much is this investment worth today? Select one: a.$39,932.86 b.$63,587.15 c.$60,145.78 d.$28,547.18An investment has a positive net present value of £7,750 at 12% and a negative NPV of £2,250 when the interest rate is increased by 6%.What is the approximate IRR for the investment (to 2 decimal places)?a. 21.30%b. 18.78%c. 16.65%d. 10.65%