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1.) A sum of $500,000 will be invested by a firm two years from now. If money is worth 12%, what will be the worth

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1.) A sum of $500,000 will be invested by a firm two years from now. If money is worth 12%, what will be the worth of this investment 10 years from now? A. $1,553,000 B. $1,569,000 C. $1,463,100 D. $1,238,000 2.) For the cash flow diagram below, determine the value of P 0 10 20 $3,000 i-10% A. $119.206 B. S195.49 C. $71 D. $147.20 3.) Ben invested $20,000 into a money market account and took out $5,000 at the end of year 5. He found out at the end of 10 years that he had a of S50,000 in the account. What is the annual interest rate Ben had earned on this investment? A. 8% 4.) The annual maintenance cost of a monument in the state capital is estimated to be $4850. A B. 12.93% C. 15.23% D. 11.5% peripheral fund of $100,000 is set up to pay for this maintenance expenditure. Determine the interest rate this fund earns if the interest is compounded quarterly. A. 4.58% B.4.76% C.4.39% D. None of these

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