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Earn +20 ptsQ: How long does an investment earning 9 percent take to double in value?
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What is the present value of 200 if the investment rate is 6 percent?
It is necessary to have a value for the time.
How long does it take for an investment to triple in value at the interest rate of 12 percent compoundded monthly?
9.2 yrs
What is the nominal rate of return per year on an investment that doubles in value every 6 months?
400 percent APR
What is the future value of 100 a year for 10 years earning 4 percent interest?
Assuming the interest is compounded annually, the future value is 100*(1.04)10 = 100*1.4802 (approx) = 148.02
What approximate interest rate would an investor need to earn in order to double the value of an investment in six years?
Simple interest: 100/6 ie 16.67%
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