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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

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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 $9,200 will be worth $11,589.35 three 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? 1.26% 6.40% 0.42% 8.00% If an investment of $35,000 is earning an interest rate of 8.00%, compounded annually, then it will take for this investment to reach a value of $69,965.16-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? 0 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

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