Please help solve as many as can be done. Thank you! The future value and presen

Question

Please help solve as many as can be done. Thank you!

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 of $9,200 will be worth $11,193.21 five years in the future, assuming that no additional deposits or withdrawals are made, what is the implied interest rate the investor will earn on the security? O 3.20% O 8.22% O 0.24% o 4.00% If an investment of $50,000 is earning an interest rate of 4.00%, compounded annually, how long will it take for this investment to reach a value of $63,265.95, 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? O It takes 10.50 years for $500 to double if invested at an annual rate of 5%. It takes 14.21 years for $500 to double if invested at an annual rate of 5%.

Explanation / Answer

Implied interest rate the investor will earn on security-8.22%

5 years

True: It takes 14.2 1years for $500 to double if invested at an annual rate of 5%

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