You plan to invest in securities that pay 15.0%, compounded annually. If you invest $2,000 today, how many years will it take for your investment to grow to $4,000? You are not required to show calculations but you must list the inputs used such as N, PV, FV, etc. O 4.96 4.00 ○ 4.65

You plan to invest in securities that pay 15.0%, compounded annually. If you invest $2,000 today, how many years will it take for your investment to grow to $4,000? You are not required to show calculations but you must list the inputs used such as N, PV, FV, etc. O 4.96 4.00 ○ 4.65

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...

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Concept explainers

Treasury Market

On-the-run securities are the most recently issued securities in the market depth and are therefore traded at some premium. The off-the-run securities are the ones issued just before the most recent ones. The on-the-run securities have a lower yield to the investor than the off-the-run securities.

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You plan to invest in securities that pay 15.0%, compounded annually. If you invest $2,000 today, how many years will it take for your investment to grow to $4,000?
You are not required to show calculations but you must list the inputs used such as N, PV, FV, etc.
O 4.96
O 4.00
O 4.65

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