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1. Given a present investment value of $65, 4 investment periods, and an interest rate of 13% what is the future value of your investment?
1. Given a present investment value of $65, 4 investment periods, and an interest rate of 13% what is the future value of your investment?
2. What is worth more? $5 today or $10 in 8 years at 7% interest?
3. Given a Present Value of $400, a Future Value of $765, and the number of investment periods as 6 years, what is the yearly interest rate?
4. You are going to deposit money into an account that earns 8.5% interest, compounded annually so that after 40 years you have $1,468 in the account. How much do you deposit in the account today?
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