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

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4. Finding the interest rate and the number of years The future value and present value equations also help in finding the terest rate and the number of years that correspond to present and the value calculations If a security currently worth $12,800 will be worth $16,843.93 seven years in the future, what is the imped interest rate the rest wil won the security-assuming that no additional deposits or withdrawals are made? O 7.60 O 0.19% 4.00 for this investment to If an investment of $35.000 is carring an interest rate of 12.00%, compounded annually, then it will take reach a value of $81,881.79-assuming that no additional deposits or withdrawals are made during this time Which of the following statements is true-assuming that no additional deposits or withdrawals are made? It takes 14.21 years for $500 to double it 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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