How long, To The nearest year. will it gek take an investment to double if it is continuously Compounded at 19% per year. I 12.

Q: How many years will it take $540 to grow to $11,515.44 if it is invested at 12 percent compounded…

A: In the above question we need to compute the number of years it will take to grow $540 to $11515.44…

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 long will it take for $4,000 to grow to $7,000 if the investment earns an interest rate of 16%…

A: Given information: Future value is $7,000 Present value is $4,000 Interest rate is 16% compounded…

Q: 10. If money is worth 8% compounded quarterly, what quarterly savings is required in order to have…

A: Quarterly compounding refers to the amount of interest earned on a quarterly basis on an account or…

Q: 7. Suppose you find an investment account that you decide to contribute to every month over the…

A: Future value is calculated to determine the worth of an investment in the future date if a…

Q: An investment offers $6,500 per year, with the first payment occurring one year from now. The…

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: 26. We plan to have $1,500,000 in 35 years. We will make quarterly deposits of $1,000 at the end of…

A: Present value computes the existing value of future benefits by discounting future worth with a…

Q: The price of a Universal Testing Machine doubles in 15 years. What is the compounded yearly interest…

A: Compound interest is the interest on a loan or a deposit that, when earned in a certain period, gets…

Q: f money is worth 6% compounded annually, what payment 12 years from now is equivalent to the payment…

A: Given, problem relates with time value of money . Present value is compounded at a given rate for a…

Q: Q.15 An investment offers $6000 per year for 10 years, with the first payment occurring one year…

A: Value of investment is the present value of cash flow from the investment based on interest rate and…

Q: How long will it take $2,000 to grow to $22,000 if it is invested at 4% compounded monthly? years…

A: As per concept of time value of money the worth of money changes with passage of time. This is…

Q: How much must be invested now in order to get a return of 42000$ in 6 years time if the growth rate…

A: Data given: FV=$42000 n=6 years Rate(r)=18% p.a. compounded annually   Required: Amount to be…

Q: You have an investment that is expected to make annual payments that grow at a constant annual rate…

A: In an annuity the payments grow by a constant amount and that factor remains fixed and the same for…

Q: What will be the future worth of money after 1 year, if the sum of P25,000 is invested today at a…

A: Investment (P) = P 25,000 Monthly interest rate (r) = 1% Period in months (n) = 12

Q: g does it take for your money to grow to seven times its original value if the interest rate of 6%…

A: The given problem can be solved using NPER function in excel.NPER function computes no. of years/…

Q: Find the future value

A: Future value = Present value(1  + Rate)^Time where, Rate = 0.03 / 2 = 0.015 or 1.5% Time = 5 * 2 =…

Q: At 9% compounded continuously, the investment doubles in (Round to one decimal place as needed.)…

A: Given that,

Q: How many years will it take for P13,000.00 to become P20,000.00 if it is invested at 8% compounded…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: How many years will an amount triple itself if invested at 10% compounded weekly?

A: In weekly compounding, each interest period is dividend into 52 weeks and interest is computed for…

Q: How many years will compounded monthly

A: Introduction: The duration that an investment has to be made in order to earn a certain value in the…

Q: How much should be put in an investment with a 10% effective annual rate today to have P10,000 in…

A: The future value of a cash flow is the future worth of a cash flow at a certain arte of interest for…

Q: How much will investment accummalate to when you save 1500 every quarter for 5 years. The market…

A: A present asset's future value, abbreviated as FV, is the value that an asset is expected to have at…

Q: In how many years will be the investment to double in value at 5% simple interest rate?

A: Let's assume principal amount be 100, then it would be doubled to 200. Interest rate = 5%

Q: When will an investment of 4,000.00 double if the effective rate 8% per annum?

A: Solution : given investment P = 4,000  Effective annual rate r = 8%  Amount  A = 2P  We know the…

Q: How many years will it take for a uniform annual deposit of size A to have the same value as a…

A:

Q: A sum of 2 million is equivalent to 2.36 million one year from now. Find interest rate?

A: Given Information : Present value (PV) = $2 million Future value (FV) = $2.36 million Number of…

Q: 6. a) What capital should be invested now at 12.69% annually, compounded every two months to have…

A: TVM refers to the concept that considers the effect of money's interest-earning capacity, which…

Q: return of 12% per ar

A: The worth of a present asset at a future date based on an estimated rate of growth is known as…

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: Which of the following investment options will maximize the rate of return in a period of 20 years?…

A: Monthly Compounding Number of compounding periods = 12   Interest Rate = Rate / Number of…

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: If u make an investment of $3500 and the investment loses a continuous 5% each year, what will the…

A: Given information: Present value of investment is $3,500 Investment loses a continuous 5% each year…

Q: Approximately, what is the value of (P) if A=620, n=21 years, and i= 21.5% per year?

A: Given information: Annuity payment (A) is 620 Number of years is 21 Interest rate is 21.5%

Q: 10. Determine the present value now of an investment of OMR3,000 made one year from now and an…

A: The money's worth varies with time. Therefore, we consider the value of the money with time. Today's…

Q: What is the future value of a 10-year investment ef $2000 at an APR of 5% compounded monthly? (Round…

A: The future value is the value of an asset on a future date on the basis of an assumed growth rate.…

Q: How long will it take for an investment to double in value if it earns 5% compounded continuously?

A: Continuously compounded interest rate is the interest which is calculated on the principal amount as…

Q: Find how long it takes $800.00 to double if it is invested at 77% compounded annually. It will take…

A: Future value: The value of the asset at some future date which is based on the assumed growth rate…

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: An investment will pay ¥13,400 in five years.  What is the present value of this investment today…

A: Present value is calculated by discounting the future cash flow at the discount rate.   Present…