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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 securty of $12,000 will be worth $14,599.83 five years in the future, assuming that no additional deposits or withdrawals are made, what is the implied interest rate the investor will eam on the security? 2.40% 3.20+4 4.00% 4.00% If an imvestment of $35,000 is earning an interest rate of 7.50% compounded annually, it will take for this invertment to grow to a value of 558,066.72-assuming that no additional deposits or withdrawals are made dunng this time. Which of the following stotements is true, assuming that no additonal deposits or withdrawais are made? If you invest \$1 today at 15% annual compound interest for 32.3753 years, you?l end up with approwimately 5100,000 , If you invest $5 today at 15% arnual compound interest for 82.3753 years, you? end up with approximately $100,000

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