ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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15%
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25%
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29%
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32%
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Detailed explanation-1: -The future value of $1, 000 one year from now invested at 5% is $1, 050, and the present value of $1, 050 one year from now assuming 5% interest is earned is $1, 000.
Detailed explanation-2: -I believe you are asking if we have an annual rate of 12%, compounded monthly, how long to double? X = 69.66 or at 70 months. Please appreciate it by marking it as brainliest.
Detailed explanation-3: -Calculator Use For example if you wanted to double an investment in 5 years, divide 72 by 5 to learn that you’ll need to earn 14.4% interest annually on your investment for 5 years: 14.4 × 5 = 72. The Rule of 72 is a simplified version of the more involved compound interest calculation.
Detailed explanation-4: -Mutual Funds: There are various types of mutual funds. Kisan Vikas Patra (KVP): It comes under the Post Office Small Saving Scheme. Corporate Bonds: Bank deposits don’t offer a high rate of interest. More items