How long will it take them to double the initial deposit

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Question - An investor deposits $1000. How long will it take them to double the initial deposit if the investment earns a simple interest rate of 6.1% per annum? ___________ years (two decimal places)

What is the present value of the following cash flow stream, discounted at 5.35% per annum, compounded monthly?

Year 1: $1000; Year 2: $3000; Year 3: $4000; Year 4: $5000

If you invest $8000 for 5.75 years at 5.45% per annum, with interest compounded monthly, what will your total investment be worth at the end of the period? $_______________ (two decimal places)

What is the price today of an investment that will pay the single sum of $75000 after three and a half years if the discount rate is 4.49% per annum, compounded annually?

If a company sells (discounts) a bank bill with a face value of $500 000, a term to maturity of 120 days, and a yield of 4.7% per annum, the company will raise $_______________ on the issue? (Ignore transaction fees, two decimal places)

Reference no: EM133015535

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