Ten years ago, you invested $2,000. Today it is worth $5,000.
What rate of interest did...
Ten years ago, you invested $2,000. Today it is worth $5,000.
What rate of interest did you earn?
A. 9.60 percent
B. 9.97 percent
C. 9.03 percent
D. 9.18 percent
One year ago, you invested $1,800. Today it is worth $1,924.62.
What rate of interest did you earn?
Multiple Choice
6.59 percent
6.67 percent
6.88 percent
6.92 percent
7.01 percent
10 years ago you invested $1,000. If your investment is worth $6,000 now, what was your rate of return?Multiple Choicea. 17.46% +/- 1.00%b. 10.74% +/- 1.00%c. 13.12% +/- 1.00%d. 19.62% +/- 1.00%
4 years ago , Paul invested $1500. Three years ago, Trek
invested $1600. Today, these two investments are each worth $1800.
Assume each account continues to earn its respective rate of
return. (1) What is annual interest rate that Saul earned? (2) What
is annual interest rate that Trek earned? (3) Was Trek’s investment
worth less than Saul one year ago?
The value in six years of $15,000 invested today at a stated
annual interest rate of 5.25% compounded quarterly is closet
to:
16,220.69
20,511.81
48,376.60
20,101.43
Four years ago, Paul invested $1500. Three years ago, Trek
invested $1600. Today, these two investments are each worth $1800.
Assume each account continues to earn its respective rate of
return.
(1) What is annual interest rate that Saul earned?
(2) What is annual interest rate that Trek earned?
(3) Was Trek’s investment worth less than Saul one year
ago?
Your father invested a lump sum 20 years ago at 10% interest for
your education. Today, that account worth $100,000.00. How much did
your father deposit 20 years ago?
A. $14,329.72
B. $14,517.19
C. $13,945.11
D. $14,864.36
10. You invested $1,000 five years ago and that investment is
now worth $1,250. Which of the following statements is most correct
about the interest earned by your investment: A) Simple interest is
4.56% per annum. B) Compound interest is 5.00% per annum. C)
Compound interest is 4.56% per annum. D) We don’t have enough
information to compute the simple or compound interest. E) None of
the above.
Your father invested a lump sum 35 years ago at 6.75 percent
interest compounded monthly. Today, he gave you the proceeds of
that investment which totalled OMR 77,223. How much did your father
originally invest?