approximately how many years would it take for an investment to grow fourfold if it were invested at 11 percent compounded quarterly? Assume that you invest a $1 today. If you invest $1 at 11 percent compounded quarterly, about how many years would it take for your investment to grow fourfold to 4$?

Q: How many years would it take you to grow an investment of $1000 today to $1600 assuming an interest…

A: Using NPER Function In excel

Q: If ​$8000 is invested at 6​% compounded​ continuously, what is the amount after 6 ​years?

A: Investment=$8000Interest rate=6%Number of years=6

Q: Approximately how many years would it take for an investment to grow fivefold if it were invested at…

A: Solved using Financial Calculator  PV = -1 FV = 5 I/Y = 15/12 = 1.25 CPT N = 129.5581 months Number…

Q: How much must you invest at 12% interest, compounding quarterly, in order to see your investment…

A: The amount of investment can be calculated by discounting the future value using the appropriate…

Q: If $5,000 is invested at an annual rate of 6.5% compounded continuously, the future value S at any…

A: Information Provided; Principal = $5000 Annual rate = 6.5% compounded continously

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: Assume you made an investment today for $27,000 and sold it 15 years later for $75,000. What is the…

A: In this question we need to calculate CAGR i.e. Compound Annual Growth rate from given details:…

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: ci What will $5,000 invested for 10 years at 8 percent compounded annually grow to? iL How many…

A: Answer i. Information Provided: Term = 10 years Principal = $5000 Interest rate = 8% compounded…

Q: Use logarithms to solve the problem. How long will it take an investment of $7000 to triple if the…

A: Future Value = Present Value (1 + g)n

Q: How many years will it take for $500 to grow to $1,039.50 if it’s invested at 5 percent compounded…

A: Investment amount (P) = $ 500 Future value (FV) = $ 1039.50 Interest rate (r) = 5% Number of years =…

Q: If you invested $10,000 for ten years at 6% p.a. compounded monthly, how much in total would you…

A: Compound interest is calculated by multiplying the original loan amount, or the principle, by one…

Q: (Solving for n with nonannual periods​) About how many years would it take for your investment to…

A: Calculate the time taken to grow the amount to four times by using the formula of future value .…

Q: (Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A: Given: Rate =14%/12=0.0116666Pmt =0PV =-1FV=6

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: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate us…

A: Information Provided: Principal = $82,000 Term = 11 years Interest rate = 8% compounded monthly

Q: About how many years would it take for your investment to grow fourfold if it were invested at an…

A: A purchase of an object or thing with the intention of producing revenue or increasing in value is…

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 will $ 6,700 invested for 28 years at 11%, compounded annually, grow to?

A: In the given question we need to compute the future value of investment of amount $6700

Q: If $9,000 is invested at 6% per year compounded monthly, the future value S at any time t (in…

A: Future Value(FV) is value of any present amount in future period. It is computed by compounding that…

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: ( Solving for n with non - annual periods ) Approximately how many years would it take for an…

A: The worth of money changes with time, therefore the TVM considers the value of money according to…

Q: Suppose you invest $1000 at 6% per annum compounded annually. Approximately how many years would it…

A: In the given question we require to calculate the the number of years in which $1000 will become…

Q: i) If a continuous investment of $5,600 per year for 29 years leads to the accumulation of $500,000…

A: i) Annual investment (A) = $5600 n = 29 years Accumulated value = $500000 Let r = Continuously…

Q: (Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A: Given details are : Present value = 1 Future value = 4  Interest rate = 16% Compounding frequency =…

Q: If you invest ​$1 at 8 percent compounded monthly​, about how many years would it take for your…

A: Future value = current value*(1+ rate/12)^n   Future value = 6 times the current value = $6 Current…

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: (Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A: In the given problem we need to calculate the number of years(time period) that make the investment…

Q: How long does it take for an investment to double in value if it is invested at 6​% compounded…

A:

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: 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: What will $82,000 grow to be in 11 years if it is invested at 8% and the interest  rate is…

A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…

Q: Find the present worth of an investment that starts at $8000 in year 1 and increases by 10% each…

A: Time value It tells that value received today has more value than that of receiving the same value…

Q: Consider an investment where $45,000 is invested for 15 years at 8% compounded continuously.   How…

A: Continues compounding is a limit that a compound interest can reach. It can be calculated through…

Q: (Solving for n with nonannual periods) About how many years would it take for your investment to…

A: We require to calculate the the number of years that make the investment twofold i.e. two times.…

Q: (Solving for n with nonannual periods) About how many years would it take for your investment to…

A: In the given question we require to calculate the the number of years that make the investment…

Q: Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A: In the given question we require to calculate the the number of years that make the investment four…

Q: How do I work this problem in excel? What will $82,000 grow to be in 11 years if it is invested…

A: Future value formula will be used. where,   Rate = 0.67%   Nper = 132 periods   PV = $82,000

Q: (Solving for n with non-annual periods) Approximately how many years would it take for an investment…

A: In the given question we require to calculate the the number of years that make the investment…

Q: How many years will it take for ​$500 to grow to ​$1039.50 if​ it's invested at 5 percent…

A: FV or Future value = PV or present value * (1+interest rate)^n To solve for n we can use the NPER…

Q: avings account that yields 12% compounded quarterly, what would our investment grow to at the end of…

A: The given problem can be solved using FV and EFFECT function in excel. FV function computes  future…

Q: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is…

A: The formula to compute future value as follows: Future value=Invested amount×1+rmn×m

Q: the savings account that yields 12% compounded quarterly, what would our investment grow to at the…

A: The given problem can be solved using FV and EFFECT function in excel. FV function computes  future…