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1. Brandon just received $1,570 and plans to invest it for 7 years. The interest rate paid on an 7 year risk-free investment is 0.04.
1. Brandon just received $1,570 and plans to invest it for 7 years. The interest rate paid on an 7 year risk-free investment is 0.04. The amount brandon expects to have in 7 years is:
2. Lucas has $13,243 to invest today and would like to have 25,912 in 4 years. To reach his goals, lucas would need to earn a rate closest to:
3. A company had sales of 116,883 last year and expect sales growth of 0.12 going forward. How long will it take the company to double their sales at this rate?
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