You deposited $12,000 in an investment account 18 years ago, and now the account has $72,000. What was the annual rate of return on this investment?
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- You just deposited $6, 500 in an investment account and will deposit $ 5000 more four years from now. Use tabulated factor values to determine how much will be in the account 11 years from now if the rate of return is 10% per year? 11 years from now, the account will have $.You deposit $19,000 today in an investment account and the annual rate of return is 12%, what will be the value of this investment (12) years from now?You will have $100,000 exactly 7 years from now. You began with an investment of $50,000 at Time Zero. What rate of interest did you earn?
- Suppose an investment will pay $21,000 in 29 years from now. If you can earn 11.35% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today?What is the internal rate of return (IRR) of an investment that requires an initial investmen of $11,000 today and pays $15,400 in one year's time?You have an investment that in today's dollars returns 15% of your investment in year 1,12% in year2,9%in year 3 , and the remainder in year 4 .What is the duration of this investment? () 4years2.95years3.5years3.22years
- 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 $1 at 11 percent compounded quarterly, about how many years would it take for your investment to grow fourfold to 4$?You have an investment account that started with $3,000 10 years ago and which now has grown to $8,000. a. What annual rate of return have you earned (you have made no additional contributions to the account)? b. If the savings bond earns 16% per year from now on, what will the account's value be 10 years from now?You invest money in a fund that paid 9% simple interest paid annually. If it is worth $21,200.00 in 11 months, a) what is the present value? $ b) What is the rate of return? (answer as a percent 2 decimal places)
- Suppose an investment will pay $25,000 in 39 years from now. If you can earn 11.05% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today? Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.You have an investment account that started with $2,000 10 years ago and which now has grown to $8,000. a. What annual rate of return have you earned (you have made no additional contributions to the account)? b. If the savings bond earns 13% per year from now on, what will the account's value be 10 years from now?You have an investment opportunity that promises to pay you $18, 499 in four years. Suppose the opportunity requires you to invest $15,813 today. What is the interest rate you would earn on this investment?