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

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4. Finding the interest rate and the number of years Aa Aa E The future value and present value equations also help in finding the correspond to present and future value calculations. If a security currently worth $12,800 will be worth $15,573,16 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? 04.00% 3.20% 8.22% O 0.24% If an investment of $50,000 is earning an interest rate of 12.00%, compounded annually, then it will take for this investment to reach a value of $116,978.27-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 10.50 years for $500 to double if invested at an annual rate of 5%. It takes 14.21 years for $500 to double if invested at an annual rate of 5%

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