Oil consumption is increasing at a rate of 2.3​% per year. By what factor will oil consumption increase in 5 years? Use the approximate doubling time formula​ (rule of​ 70). Round to two decimal places.   A. 23.00   B. 1.12   C. 1.02   D. 2.42

Q: Suppose that $1,000 is invested at 4% interest compounded continuously. Use the formula A = Pert.…

A: A = $1,250 P = $1,000 r = 4% = 0.04

Q: question 16

A: The compound interest formula is given by:A=P(1+nr​)ntwhere:A = future value = $2P = present value =…

Q: How many years will it take for something costing $61 today to cost $91 if inflation averages 1% per…

A: Using excel nper function

Q: If the EAR= 6.25 percent, and there are 115 compounding periods per year, what is the APR (in…

A: The nominal return refers to the return that is quoted to the investor and does not consider the…

Q: Use the present value table to complete: (Round the "PV factor" to 4 decimal places and final answer…

A: Given, Future amount = $11,000   Number of periods = 6 years*4 Number of periods = 24   Rate = 12%/4…

Q: 1)   What amount invested each year at 3% annually will grow to $200,000 at the end of 25 years?…

A: Future value = $200,000 Interest = 3% Time =25 years So, amount invested each year = Using excel PMT…

Q: 1. two sources of income with equal present valuec C at time 0 provide annual payents in arrears…

A: It is a financial valuation method that calculates the present value of expected future cash flows…

Q: Amount $70,000 a. Calculate P 1 + A = b. Calculate B= A c. Let R= B Time Rate 2% 30 years n r P ( ₁…

A: The time value of money concept is used to determine the amount of money that will be received in…

Q: For each growth rate below, (i) use the rule of 70 to calculate how long it will take incomes to…

A: The rule of 70 is the method of financial management that helps the investors to know the period in…

Q: Suppose that a person invests $5,000 today at an annual interest rate of 10% for 8 years. (a) Given…

A: Purchasing power represent the value of money that can be use to buy the amount of goods. Inflation…

Q: What present value amounts to $11,273.57 if it is invested for 5 years at 10% compounded annual?…

A: Present value is calculated using following equation Present value = Future value1+rn Where, r is…

Q: 20. How long will it take for $65 to amount to $6500 if invested at 11% compounded monthly? Express…

A: The objective of this question is to find out how long it will take for an investment of $65 to grow…

Q: How many years will it take for ​$510 to grow to ​$1,099.69 if​ it's invested at 8 percent…

A: Principal amount (P) = $510 Future value required (FV) = $1099.69 Interest rate (r) = 8% Period in…

Q: The given CFD shows the gradients for end of years 2, 3, 4. Suppose that the interest rate is 15%…

A: To find the annual equivalent cash flow, we will first discount back all 3 cashflows back to present…

Q: What is the rate (in %) compounded semi-annually if 132511 accumulates to $398053 in 9 years and 3…

A: Given, Amount deposited 132511 Amount accumulated 398053 Term is 9 years and 3 months which is 9.25…

Q: Question 1: If a principle of $4000 is invested at an interest rate of 6%, how many years will it be…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: (Related to Checkpoint 5.5) (Solving for n) How many years will it take for $500 to grow to…

A: I have used the excel function in Tally in the next sheet.

Q: An investment has doubled in 8 years. What is the annually compounded rate of return? Select one:…

A: Period = 8  Years

Q: How long will it take money to double if it is invested at (A) 9% compounded continuously? (B) 11%…

A: Continuous Compounding: A potentially endless number of periods of calculation and reinvested into…

Q: What nominal rate per two-months is equivalent to an effective rate of 9.5% per year, compounded…

A: The nominal rate per two-months equivalent to an effective rate of 9.5% per year, compounded…

Q: ن فن d. b. C. write al vestment as a ne, in years. Determine the value of the investment to the…

A: The concept of time value of money will be used and applied here. As per the concept of time value…

Q: (Related to Checkpoint 5.5) (Solving for n) How many years will it take for $480 to grow to…

A: Given: Variables in the question:PV=$480FV=$1009.25Rate=8% (compounded annually)Required: No. of…

Q: years; find n (number of months) and i (rate per month). Write i in decimal form.

A: Given   r = R/100, so 12/100 = 0.12 t = Time Involved in years, 0.5 years is calculated as 6…

Q: According to the yields below, what is the 2-year forward rate 3 years from now? Answer as a percent…

A: The expectations theory states that long-term rates are purely determined by the forward rates along…

Q: hat the Duration of Assets (DA) is 5 years and the duration of liabilities (DL) is 3 years. The…

A: Duration of security tells us that how much will be change in value of security with change in…

Q: What present value amounts to $10,651.04 if it is invested for 7 years at 11% compounded every 4…

A: Compound = 12 / 4 = 3 Payments = p = $10,651.04 Time = t = 7 * 3 = 21 Interest rate = r = 11 / 3 %

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: 2. The average price of gasoline may reach $5.00 per gallon in some parts of the U.S. by next month.…

A: The effective annual rate of interest is the rate at which the investment actually grows. It takes…

Q: - 19.6% 16.2% 18.3% - 49.8% 43.7% 1.1% - 16.4% . What is the arithmetic average return over the…

A: Arithmetic average is simple average and can be obtained by adding and dividing by the total number.

Q: Consider the following table for an eight-year period: \table[[Year,T-bill…

A: Now, let's find the average real return for Treasury bills: \[ \text{Average real return} =…

Q: The 5-year spot rate is 10.5% and the 4-year spot rate is 8.8% What is the 1-year forward rate, 4…

A: Solution:- Forward rate means the rate decided today for a future date.

Q: the rule of 72

A: Given information : Initial investment = $100 Interest rate = 7%

Q: The returns from an investment are 1% in Year 1, 5% in Year 2, and 3.8% in the first half of Year 3.…

A: The annualized return is a measure of the average annual gain or loss on an investment over a…

Q: At what nominal rate c.q. does money double in 10 years?

A: Compounding refers readjustment of principal by adding interest earned or due till date to principal…

Q: Determine the doubling time using P=24 000, Interest=5, Compounding Frequency=semi annually,Time= 20…

A: Investment = 24000 Future Value (Double) = 48000 Semi Annual Compounding Interest = 5%/2 = 2.5% per…

Q: 4. An amount of P3,000 is invested now and left for the 5 years at which time the principal is…

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

Q: How long will it take $300 to accumulate to $800 at j12 = 7%? Assume that the practical method of…

A: Future value of money is the amount being deposited and amount of compounded interest accumulated…

Q: ate the of x for the CF shown such that the AW in (1-9) is equal to (2,000) ? i, = 12% per unded…

A: In this we need to calculate the present value of all and from that we can get the value of x.