Use the formula for simple interest, I = Prt, to find the indicated quantity. Assume a 360 day year. 1=$120; P = $2000; t= 270 days; r= ? % (Simplify your answer.)

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Find the present worth sum of money that would be equivalent to the future amounts of $5000 in year 6 and $7000 in year 8 if the real interest rate is 10% per year and the inflation rate is 5% per year. Solve using the factors and their equations with (a) an inflation-adjusted rate, and (b) the real interest rate. Solve manually please

Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the investment's value has decreased to $2,350 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Req 1 Req 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return % Req 1 Req 2 >

Use the continuous compound interest formula to find the indicated value. P= $2,000; r= 4.65%; t= 9 years; A = ? A = S (Round to two decimal places as needed.)

The following investment requires a table factor for a period beyond the table. Calculate the new table factor and the present value (principal). Use Table 11-2. Round your new table factor to five decimal places and your present value to the nearest cent. Compound Amount New Table Factor Term of Nominal Interest Present Investment (years) Rate (%) Compounded Value $36,000 36 7 annually $ Need Help? Read It

hello for this question may someone let me know how to correctly plug in the formula to get a final answer of (11.90) as stated in the picture? (11.90)   1. question states: The doubling function D(r)=ln2ln(1+r) gives the number of years required to double your money when it is invested at interest rate r​ (expressed as a​ decimal), compounded annually. How long does it take to double your money at each of the following​ rates?

Periodic payment is $1940, payment interval is 1 year, term is 5 years, interest rate is 4%, and conversion period is monthly. What is the future value? Can you solve this using excel

Determine the present​ value, P, you must invest to have the future​ value, A, at simple interest rate r after time t. Round answer to the nearest dollar.   A=​$5,000​, r=8.2​%, t=5 years

Use a calculator to evaluate the present value of an annuity formula 1-(1+ 4) -nt P = m for the values of the variables m, r, and t (respectively). Assumen= 12. (Round your answer to the nearest cent.) $50; 5%; 7 yr %24