a. If the interest rate is 5.0% per year, approximately how long will it take for your money to quadruple in value? (Use the Rule of 72. Round your answer to 2 decimal places.)     Number of years:

Assume that the real rate of interest is 2.00 % and the inflation rate is 6.00% What is the value today (i.e. , in Year ) of receiving 12,895.00 exactly 12 years from today ?

Please answer and provide solutions for three questions. 1. Given i(26) = 3.150%, find the equivalent nominal interest rate compounded quarterly. 2. Given an effective quarterly rate of 2.22500%, find the equivalent effective semi-annual rate. (You might need to keep more than the usual number of decimal places!) 3. Given an effective quarterly rate of 1.25000%, find the equivalent nominal rate i(2).

Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1, EV of $1. PVA of $1, and FVA of $1) Which interest rate column and number-of-periods row do you use when working with the following rates? (Round percentage answers to 2 decimal places.) Answer is complete but not entirely correct. Number of Periods 1. 12% annual rate, compounded annually 2.8% annual rate, compounded semiannually 3. 12% annual rate, compounded quarterly 4. 12% annual rate, compounded monthly Interest Rate 12.00 2.00 3.00 1.00 % % % % 2 80 24

After a 1 year investment you receive 7.4% interest (nominal) from your bank. However, looking at how prices have changed, you soon realize that the real rate of interest was actually 3.4%. How much was inflation during that year? Enter your answer as a percentage, rounded to 2 decimals, and without the percentage sign ('%'). For example, if your answer is 0.02345, then enter 2.35

At a growth (interest) rate of 24 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

please do the following questions with full working

(Solving for n with non-annual periods) Approximately how many years would it take for an investment to grow sixfold if it were invested at 17 percent compounded monthly? Assume that you invest $1 today. C If you invest $1 at 17 percent compounded monthly, about how many years would it take for your investment to grow sixfold to $6? (Hint: Remember to convert your calculator solution to years.) years (Round to one decimal place.)

If the annual interest rate is 8%, what is the daily interest rate that would be used as the "r" in the time value of money equation? Hint: the equation uses the decimal equivalent of the percent Enter your answer to four decimal places.

Suppose that the interest rate is 1%. What is the value of the discount factor, v? V= 数字 Enter a value correct to 6 decimal places What is the rate of discount, d? d 数字 Enter a percentage correct to 2 decimal places A payment of £800 will be made in 3 years. What is the present value of this payment? £ 数字 Enter a value correct to 2 decimal places