Microsoft's stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $35,000invested in Microsoft at its IPO price had been worth $2,100,000 (6000% of the IPO price) after exactly 13 years. What interest rate, compounded annually, does this represent? (Round your answer to two decimal places.)

Q: What present value amounts to $16,162.26 if it is invested for 5 years at 6% compounded quarterly?…

A:

Q: Use a spreadsheet or financial program on a calculator or computer. Track the future values of two…

A: (a) For compounded quarterly, P = $5000 r = 6.4% = 0.064 n = 4 FV = $7500 Formula: FV=P1+rnnt By…

Q: ee put 5,000 into a stock market index mutual fund That Grew at an average of 6.5% per year for 10…

A: Lee put 5,000 into a stock market index mutual fund That Grew at an average of 6.5% per year for 10…

Q: Twins graduate from college together and start their careers. Twin 1 invests $2500 at the end of…

A: Given that Twins graduate from college together and start their careers. Twin 1 invests $2500 at the…

Q: Deposits of $66.00 are made at the end of every month for 6.5 years. What will the deposits amount…

A: Please refer to the solution in next step.

Q: An author recieves a $7,600 advance payment for a book publishing dealand wants to place the money…

A: The Formula for semi annually compounded The Formula for compounded continuosly Where A is the…

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

A:

Q: 4 years ago you bought a home for $350,000, which at the time was 4.5% below the home’s fair market…

A:

Q: Find the number of years required for $3,000.00 to grow to at least $5,597.00 when deposited at 5%,…

A: The objective of this question is to find out the time in years it would take for an initial deposit…

Q: Twins graduate from college together and start their careers. Twin 1 invests $1500 at the end of…

A:

Q: You deposit $12,000 in an account that pays 6.25% interest compounded quarterly.a. Find the future…

A: Step 1: Given Value for Calculation Compound = c = Quarterly = 4Present Value = pv = $12,000Interest…

Q: Find the number of years required for $3,000.00 to grow to at least $5,597.00 when deposited at 5%,…

A: The objective of this question is to find out the time in years it would take for an initial deposit…

Q: An account now contains $11,480 and has been accumulating interest at a 7% annual rate, compounded…

A: Continuously compounded interest is interest that is computed on the initial principal, as well as…