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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
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 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? 08.00% 6.40% 1.71% 5.83% If an investment of $45,000 is earning an interest rate of 4.00%, compounded annually, then it will take for this investment to reach a value of $50,618.88-assuming that no additional deposits or 0.38 years made during this time. 8.89 years 1.13 years 3.00 years which of the following statements is true-assuming that no additional deposits or withdrawals are made? If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000. If you invest $1 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000 Grade it Now Save & Continue
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