Question: please explain how to solve each one without using excel A Aa 4. Finding the interest rate and the number of years The futur The
A Aa 4. Finding the interest rate and the number of years The futur The future value and present value t h e finding the interest rate and the correspond to present and future value calculations o help in finding the interest rate and the number of years that If a security currently worth $2,000 will be worth $2,433.31 five years in the future, what is th h $2,433.31 five years in the future, what is the implied interest rate the investor will eam on the security-assuming that no additional deposits or withdrawals are 8.22% O 0.24% 4.00% O 1.22% Explanation: Open If an investment of $40,000 is earning an interest rate of 4.00%, compounded annually, then it will take 9.00 years for this investment to reach a value of $56,932.47-assuming that no additional deposits or withdrawals are made during this time. Explanation: Open v Which of the following statements is true-assuming that no additional deposits or withdrawals are made? V If you invest $1 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000. If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000
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