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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 interest rate and
4. Finding the interest rate and the number of years 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 vill be worth $2,809.86 three years in the future what is the implied interest rate the investor willem on the security-assuming that no additional deposits or withdravials are made? 07.12 O 1.4096 O 12.00 0 9.6096 for this investment to reach If an investment of $30,000 is earning an interest rate of 8,00%, compounded annually, then it will take a value of $37.791.36-assuming that no additional deposits or vithdravsals are made during this time. Which of the following statements is true assuming that no additional deposits or withdrawals are made An investment of 525 at an annual rate of 10s will retum a higher value in five years than 550 invested at an annual rate of Se in the same time. An investment of $50 at an annual rate of 6 will return a higher value in five years than 525 invested at an annual rate of 105 in the same time
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