5. Finding the Interest rate and the number of years The future value and present...

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5. Finding the Interest rate and the number of years 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 currently worth $2,000 will be worth $3,524.68 five years in the future, what is the implled interest rate the investor will earn on the security--assuming that no additional deposits or withdrawals are made? O 1.76% 0.35% 12.00% 5.67% for this investment to reach If an investment of 340,000 is earning an interest rate of 8.00%, compounded annually, then it will take a value of $56,554.46-ossuming 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? If an investment of $40,000 is earning an interest rate of 8.00%, compounded annually, then it will take a value of $56,554.46 --assuming that no additional deposits or withdrawals are made during this time. for this investment to reach which of the following statements is true--assuming that no additional deposits or withdrawals are made? If you invest $1 today at 15% annual compound interest for 82 3753 years, you'll end up with $100,000 If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000

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