Business, 27.03.2020 22:04 preciosakassidy
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 $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?
a. 3.20%
b. 0.24%
c. 1.22%
d. 4.00% for this investment to reach
If an investment of $35,000 is earning an interest rate of 8.00%, compounded annually, then it will take a value of $44,089.92-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?
a. If you invest $1 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000.
b. If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000
Answers: 3
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
Business, 23.06.2019 02:00
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
Finding the interest rate and the number of years The future value and present value equations also...
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