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4. Finding the interest rate and the number of years Aa Aa The future value and present value equations also help in finding the interest

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4. Finding the interest rate and the number of years Aa Aa 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 $2,000 will be worth $3,427.65 seven 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? 9 Q 1.71% 5.83% 6.40% 8.00% If an investment of $30,000 is earning an interest rate of 12.00%, compounded annually, then it will take for this investment to reach a value of $42,147.84-assuming that no additional deposits or made during this time. 0.12 years 7.12 years 3.00 years 1.41 years which or the rollowing statements is true-assuming that no additional deposits or withdrawals are made? If you invest $1 today at 15% annual compound interest for 823753 years, you l end up with $100,000. Q If you invest $5 today at 15% annual compound interest for 823753 years, you'll end up with $100,000

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