Approximately how long will it take to double your money if you get an annual return of 3.6%​, 6.3%​, or 9.1% on your​ investment?

Q: Use the Rule of 72 to figure out how long it will take for your money to quadruple in value if the…

A: Rule of 72  is used for double the money

Q: If you want to save $50,000 in 8 years, you will earn 6.5% on your investment. a. How much will your…

A:

Q: How long will it take to increase your investment by 2.5 times if the interest rate is r=0.14…

A: Future worth of the investment is the value of present or current amount in future date after adding…

Q: if you can earn 2.5% per year  on your investment how  long  will it take to double your money

A: According to the given question, we are required to compute how long the time period will take to…

Q: You are going to invest $6829 in 1 years and $7200 in 4 years.  If you expect to earn a return of…

A: The time value of money is a fundamental concept in finance that recognizes the idea that money…

Q: You are looking at an investment that promises to pay $2000 per year forever! What is the value of…

A: A cash flow that goes on forever is called a perpetuity.Here the cash flow of $2000 per year forever…

Q: If you invest at 1.59% APY, how many years will it take to turn $1 into $9?

A: The concept of time value of money will be used here. As per the concept of time value of money the…

Q: a) You invest 155 000 TL for a year. At the end the year, you have 174 375 TL net in your account.…

A: We will apply the formula to calculate the real interest rate using the nominal interest rate and…

Q: An investment will pay you $4,611.9 in 3 years if you pay $1,376.68 today. What is the implied rate…

A: Rate of return = (Future value / Present value)^(1/Time) - 1 where, Future value =  $4,611.9 Present…

Q: Use logarithms to solve the problem. How long will it take an investment of $7000 to triple if the…

A: Future Value = Present Value (1 + g)n

Q: Suppose a 65-year-old is contemplating retirement, expects to live for another 20 years, has a GHȼ1…

A: According to the rule, Because you have posted multiple questions,we will answer the first question…

Q: Rate of return-Annuity What is the rate of return on an investment of $11,733 if the investor will…

A: The rate of return on the investment is calculated in excel using IRR function

Q: . If we make a payment of $1,725 each month starting today into a fund that earns 6%, how many…

A: Monthly payment = $1,725Interest rate = 6%Future value = $100,000

Q: How much should you pay today for an investment that provides $400 in 15 years? Assume you want to…

A: It is a case of calculating present value of the future payment that takes place in 15 years time.…

Q: You are considering an investment that will pay you $1800 per semi-annually for 12 years. If you…

A: Present Value: It represents the current value of the future stream of cash flows. It is calculated…

Q: uestion 1: Solve the following TVM problems using Excel formulas. You MUST use Excel formulas (FV or…

A: a. Future value$ 81,102.53b. Future value$ 85,289.85c. Future value$ 444,644.11Explanation:The above…

Q: We sometimes need to find out how long it will take a sum of money (or anything else to grow to some…

A: Future is the value of money which is today available based on the time and interest rate and more…

Q: Suppose you just bought an annuity with 12 annual payments of $15,700 at a discount rate of 11.75…

A: Present value is the discounted value of the cash flows generated by the investment over the period…

Q: You investe an amount of P50,000 with a promised interest of 9% compounded quarterly. How many years…

A: Since the quoted interest rate is compounded quarterly, the effective interest rate will be used to…

Q: how much should you invest now in a single investment if you expect to withdraw $45,000 in 9 years…

A: Step 1: Introduction Present Value: The value of the money identified today for the money/sum of…

Q: You are going to invest $9237 today and $9695 1 year from today.  If you expect to earn a return of…

A: Step 1 Future value is the amount of money that, with time and an interest rate, is invested now and…

Q: Future Value. How much will you have in 24 months if you invest $71 a month at 6% annual interest?

A: This question require us to calculate the Future Value using financial calculator from the following…

Q: You have an investment opportunity that promises to pay you $16,000 in four years. Suppose the…

A: In the context of the time value of money (TVM), interest rates play a critical role. The time value…

Q: What continuously compounded rate of return allows you to triple your money in 12 years? Select one:…

A: Compounding is a concept in which the amount invested and the interest earned gets interest on the…

Q: How much time will it take you to accumulate $625,000, assuming you invest $15,000 today and an…

A: The problem is asking us to calculate the time it will take to accumulate a certain amount of money,…

Q: Approximately how long will it take to double your money if you get an annual return of 3.3%​,…

A: Time for Investment double = 72/ rate of return

Q: Suppose you found an investment that earns 6.0% each year. Suppose you want to withdraw 24,000…

A: Given information: Investment earns 6% Future value is $24,000 Number of years is 4

Q: If you have an investment that is earning 5.5% annually, use the Rule of 72 to estimate how many…

A: Computation:

Q: About how many years would it take for your investment to grow if it were invested at an APR of 9…

A: In the given question we require to calculate the the number of years that make the investment…

Q: How long will it take for an investment to double in value if it earns 5% compounded continuously?

A: Continuously compounded interest rate is the interest which is calculated on the principal amount as…

Q: You are valuing an investment that will pay you nothing the first two years, $19,000 the third year,…

A: Present Value is the current price of future value which will be received in near future at some…

Q: Calculating Rates of Return Suppose an investment offers to quadruple your money in 12 months (don’t…

A: The time value of money is a fundamental idea in finance that states that money received today is…

Q: Suppose you save $2,800 ayear for 43 years into an investment account that earns 8.5% return, how…

A: Yearly savings = $2800Period = 43 yearsInterest rate = 8.5%

Q: How much time will it take you to accumulate $500,000, assuming you invest $15,000 today and $150 /…

A: The time value of money concept states that the value of a certain amount of money on the future…

Q: Five years ago, you invested 8,050.77.  If you earned a compound annual rate of return of 3.50%, how…

A: This is a typical time value of money (TVM) concept based question. For an initial investment, the…

Q: What long will it take a $100 investment to double to $200 if the interest rate is 6%?

A: As per the concept of time value of money the worth of money changes with passage of time as money…

Q: You are going to invest $5405 in 3 years and $7923 in 6 years.  If you expect to earn a return of…

A: Future value of investment amount is calculated as Future value = Value of investment×1+rn Where, r…

Q: Select one of the following questions to answer: If I invest $1000 at 3% interest, how long will…

A: Answer 1:

Q: How long will it take to double your investment if the interest rate is r=0.06 (r=6%)?

A: Time value of money is a concept which states that a dollar is worth more today than anytime in the…

Q: How long will it take to triple our investment if we can earn an 8.5% annual return?

A: Annual Rate: It is the rate for the complete year charged on a loan amount or utilized for computing…