1- At 7% how long does it take to double your money? 2- Assume you deposit 10,000 in an account that pays 6% . how much will you have in 5 years 3- Suppose you just celebrated your 19th birthday. A rich uncle has set up a trust fund for you that will pay you 150,000 when you turn 30. If the discount rate is 9% how much this trust fund will worth today ? 4- You have been offered an investment that will pay you 9%. If you invest $15,000. How long until you have $30,000? How long until you have $45,000? Calculating Future Values [LO1] Present Value Years Interest Rate Future Value 6.752 14 17 value: Calculating Present Values [LO2] For each of the following, compute the prese Present Value Interest Rate future Value 16.467 the following: Calculating Interest Rates [LOS] Solve for the unknown interest rate in each of Present Value Year Interest Rate Future Value 360 1.080 521.618