Question: please answer both questions, they are seperate questions Aa Aa E. 7. Finding the interest rate and the number of years The future value and

please answer both questions, they are seperate questions Aa Aa E. 7.Finding the interest rate and the number of years The future valueplease answer both questions, they are seperate questions

Aa Aa E. 7. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth $5,600 will be worth $9,869.11 five years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made? O 0.35% O 1.76% 5.67% O 12.00% If an investment of $30,000 is earning an interest rate of 4.00%, compounded annually, then it will take for this investment to reach a value of $37,959.57-assuming that no additional deposits or 1.27 years made during this time 0.21 years 6.00 years 7.90 years wnicn ortne owing statements is true assuming that no additional deposits or withdrawals are made? O If you invest $1 today at 15% annual compound interest for 82.3753 years, you end up with $100,000 O If you invest $5 today at 15% annual compound interest for 82.3753 years, you end up with $100,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!