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: You want to save $800 a month for the next 30 years and hope to earn an average rate of return of 12…

A: The equal series of payment will be annuity. To compute the money after certain point of time in…

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: What is the most you would be willing to pay for an investment that will pay you $537 in one year,…

A:

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: which of the following investments that pay will $5000 in 12 years have a higher price today?

A: Present Value: It is the present worth of the future amount and the present value is computed by…

Q: Double your money-Rule of 72. Approximately how long will it take to double your money if you get an…

A: Step 1 Time value of money The idea of the time value of money (TVM) holds that a quantity of money…

Q: Suppose you estimate that the effective rate of return (EAR) you can generate from your investment…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: Mark plans to invest $9,200 into a savings account with a 6% annual interest rate compounded…

A: The time period or the number of years (NPER) refers to the time it would require for the investment…

Q: Calculating the Number of Periods You've been offered an investment that will pay you 7 percent per…

A: We know,  Future value = Present value x (1+r) ^ t where, r= periodic interest rate t = number of…

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

A: Given:

Q: How many years are required for an amount of money to quadruple if it is invested at 4% interest…

A: The given question can be done by assuming value of present amount and  future amount which will be…

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: Your investment will pay you the following cash flow stream: YEAR | CASH FLOW 1 |200 2 10 3 100 4…

A: The time value of money is a concept in finance that takes into account the effect of compounding to…

Q: Double your money-Rule of 72 Approximately how long will it take to double your money if you get an…

A: The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed…

Q: Suppose you have an investment offer that guarantees an average investment gain of $1,000 per year.…

A: The average rate of change describes the rate at which one quantity changes in relation to another.…

Q: Consider an investment which pays 1.05 times your original payment (which is not returned) after two…

A: The return on any investment is given by  R = (F - P)/P  * 12/n Where P = value invested F = value…

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: what is correct

A: Formula for compound interest: FV = PV × (1 + r)nFV is the future valuePV is the present value…

Q: Suppose a person has a retirement investment portfolio that consistently earns 5.1% annually. In…

A: Perpetuity is an annuity that continues for an indefinite period. In perpetuity series of cash flows…

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: 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: 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: 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: Suppose you can borrow money at an annual interest rate of 8% but can save money at an annual…

A: Future Value = Present Value * (1+r)^nWhere,r = rate of interest per periodn = no. of compounding…

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: You have OMR800 that you would like to invest. You have 2 choices: Savings account A which earns 8%…

A: Effective interest rate of an investment increases with the increase in the number of compounding.…

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: 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: Suppose that you can make an annual profit of $600 on an investment of $4000. Suppose you borrow the…

A: In this we have to calculate the rate of return earned and from that we can real rate of return.

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

A: Answer 1:

Q: Suppose you have an investment worth $800 and you want it to increase in value by 400%. a) What is…

A: Investment amount = $ 800 Increase in value = 400%

Q: You have of $1,000,000 to invest. There are two different investment options for you. First option:…

A: Solution- Simple interest for 2 years=2*1.21i                                        =2.42iCompound…

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…

Q: Double your money-Rule of 72. Approximately how long will it take to double your money if you get an…

A: The Rule of 72: It is a simple formula for determining how long an investment will take to double in…

Q: You are considering an investment that will pay you $1,000 in one year, $2, mm in two years, and…

A: To calculate the present value of this investment, we need to discount each future cash flow back to…