1

2

Year Cash Inflow 1 12,000 2 22,000 3 32,000 4 0 5 0 6 0 7 160,000

Double your wealth. Kant Miss Company is promising its investors that it will double their money every 6 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $500 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $35,000? Using the Rule of 72, what annual rate is Kant Miss promising? % (Round to the nearest whole percentage.) what is the future value of this cash flow at 4%, 10%, and 14% interest rates at the Different cash flow. Given the following cash inflow at the end of each year, end of year 7? What is the future value of this cash flow at 4% interest rate at the end of year 7? $ (Round to the nearest cent.)