Q: Approximately what interest rate is needed to double an investment over eight years?
A: In the given question we require to compute the interest rate which will make our investment double…
Q: How many years would it take an investment to double at 10% annual interest?
A: An amount is compounded at an interest rate to calculate its future value. To calculate the number…
Q: - Approximately how many years would it take for an investment to grow five fold if it were invested…
A: In the given question we require to calculate the the number of years that make the investment…
Q: How long must one wait (to the nearest year) for an initial investment of $1,000 to triple in value…
A: Individuals and corporations may have excess cash or money left with them in a particular financial…
Q: About how many years would it take for your investment to grow sixfold if it were invested at an APR…
A: Using NPER in Excel
Q: Assume you are investing $10,000 today for a given amount of time at a given interest rate. What…
A: To understand this concept, we need to differentiate between nominal interest rate and real interest…
Q: What rate of interest, compounded annually, would yield the same return after two years? (Answer in…
A: Information Provided: Earnings in first year = 0% Earnings in second year = 20.7%
Q: Approximately how many years does it take to double a $600 investment when interest rates are 6…
A: In the above question we need to compute the time period i.e. number of years required to make the…
Q: You have $1725 to invest. You know that a particular investment will double your money in five…
A: First we will find the rate for the investment and then with that rate we will calculate the FV.
Q: how much should you invest now in a single investment if you expect to withdraw $45,000 in 9 years…
A: Step 1: Introduction Present Value: The value of the money identified today for the money/sum of…
Q: An investment pays simple interest, and quadruples in 10 years. What is the interest rate?
A: Time Period = 10 Years
Q: approximately how many years would it take for an investment to grow fourfold if it were invested at…
A: Given: Rate=11%/4=0.0275Pmt =0Pv =$-1FV =$4
Q: Approximately how many years would it take for an investment to grow fivefold if it were invested…
A: Investment amount (P) = $1 Future value (FV) = $5 Interest rate (r) = 9% Number of compounding per…
Q: What annual rate of return is earned on a $3,300 investment when it grows to $7,100 in nineteen…
A: 4.11%
Q: How many years will it take an investment to triple if the interest rate is 6% compounded annually?
A: In the given question we are required to compute the number of years that will make the investment…
Q: What return per year would you need to receive in order to double your money in 8 years?
A: Assume the present value = $100 Future value =Present value × 2 = $100 × 2= $200 Time period = 8…
Q: Approximately what interest rate is needed to double an investment over six years?
A: In this question we require to compute the interest rate at which our investment will get double in…
Q: Approximately what rate is needed to double an investment over five years?
A: In this question we need to compute the rate which will make the investment double in five years.
Q: What is the present worth difference between an investment of $15,000 per year for 35 years and an…
A: Present worth is calculated by discounting the future cash flow by the discounting rate. Present…
Q: how much will a single investment of $10,000 be worth in 10 years
A: Time value of money(TVM) means that the amount of money received in the present period will have…
Q: About how many years would it take for your investment to grow if it were invested at an APR of 9…
A: In the given question we require to calculate the the number of years that make the investment…
Q: About how many years would it take for your investment to grow threefold if it were invested at an…
A: In the given problem we require to calculate the number of years that will make the investment three…
Q: About how many years would it take for your investment to grow fourfold if it were invested at an…
A: We require to calculate the time period i.e. number of years that will make out investment four fold…
Q: Say you have invested $50000 at a yearly interest rate of 15% compounded continuously. How many…
A: We have to calculate the tenure or the no. of years in the continuous compounding method. The…
Q: Suppose the value of an investment doubles every 7 years. By what factor will its value rise in 30…
A: Given n=7 years Assuming, PV=$1 which means FV=$2 Using future value formula FV=PV1+rn
Q: How much would you be willing to pay today for an investment that will return $6,800 to you eight…
A: Value 8 years from today = $6,800 Required rate of return = 12% Calculate the current value by…
Q: What is the value of today of an investment that will pay $100 per year for 5 years. Assume first…
A: Present value of annuity is the present value of recurring cash flows with regular intervals at a…
Q: You are comparing two investments. The first pays 3 percent interest per month, compounded monthly,…
A: a) i) First investment: Rate of interest i =3% per month Number of compounding periods in one half…
Q: Suppose you plan to deposit $100 into an account in one year and $300 into the account in three…
A: Computation:
Q: What interest rate, when compounded annually, is involved if an initial investment of $4000 turns…
A: Compound interest is the investment method in which the interest earned is redeposited back,…
Q: How many years must you wait for your $4,380 investment to grow to $7,700 if you invest at 5 percent…
A: Future Value: The future value is the value of annuity or the sum lump amount after a certain period…
Q: How many years will it take an investment to quadruple if the interest rate is9% compounded…
A:
Q: About how many years would it take for your investment to grow sixfold if it were invested at an APR…
A: In the given question we require to calculate the the number of years that make the investment six…
Q: How many years will it take to triple your investment of $8,000 if it has an interest rate of 7%…
A: A concept that implies the future worth of the money is lower than its current value due to several…
Q: How long (in months) will it take for your investment to double at 5% interest?
A: This question would be solve by using the compounding interest formula and the formula is - A = P…
Q: How long does it take for an investment to double in value if it is invested at 5% compounded…
A: Assuming Investment = 100 Future value = 2*Investment = 200 Interest rate = 5% Continuous…
Q: How many years will it take for an investment to double itself if the interest rate is 10%?
A: As per Rue of 72 Time taken to double the investment = 72 / Rate of return
Q: What is effevtive interest rate per year for an investment of $50 at an interest rate of $5 per…
A: Following is the effective interest rate per year
Q: How many months does it take for a present sum of money to double if the nominal interest rate is…
A: The present value of a sum will be double when the interest accumulated on it will be equal to the…
Q: Approximately what interest rate is needed to double an investment over four years?
A: In the given question we need to calculate the interest rate which makes the investment double in…
Q: How many years will it take an investment to triple if the interest rate is 8% compounded monthly?
A: Annual interest rate = 8% Monthly interest rate (r) = 8%/12 = 0.666666666666667% Future value factor…
Q: An investment company promises to triple your money in 10 years. Accordingly, what isthe monthly…
A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…
Q: How long will it take an investment of $5000 to triple if the investment earns interest at the rate…
A: Compound interest is the interest we earn on interest. Compound interest is calculated on the basis…
Q: What is the present value of an investment that will pay $1,000 in one year's time, and $1,000 every…
A: Calculation of Present value of perpetuity:Answer:The present value of the investment is $12,500
- If you want an investment to double in three years, what annual interest rate must it earn?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- What is the present value of an investment that will pay $1,000 in one year's time, and $1,000 every year after that, when the interest rate is 8%?How many years will it take an investment to triple if the interest rate is 8% compounded monthly?What is the relationship between the value of an annuity and the level of the interest rate? Suppose you just bought a 10 year annuity of $5,200 per year at a current interest rate of 10% per year. What happens to the value of your investment if interest rates suddenly dropped to 5%? What is the what if interest rates suddenly rise to 15%?
- (3) You want to triple your money in 25 years. What is the annual compound interest rate necessary to achieve this?An investment pays simple interest and doubles in 11 years. What is the interest rate?Answer = percent.You deposit $100 today, $200 one year from now, and $300 three years from now. How much money will you have at the end of year three if there are different annual interest rates per period according to the following diagram?