Question: 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

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 vale calculations a security currently worth $12,800 will be worth $16,843.93 seven years in the future, what is the implied interest rate the investor will earn on the security assuring that no additional deposits or withdrawals are made? 03.20% 4.00% 1.32% 7.50% If an investment of $40,000 is eaming an interest rate of 4,00% compounded annually, then it will take value of $33.679.69-asuming that no additional deposits or withdrawals are made during this time for this investment to reach which of the following statements is true-aturing that no additional deposits or withdrawals are made? It takes 14.21 years for $500 to double if invested at an annual rate of 5 It takes 10.50 years for $500 to double if invested at an annual rate of 5

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