1. Pete Carlo needs to decide whether to accept a $ 17,000 bond today or wait two years and receive $ 20,100. The CAGR she could invest in is 6%. What should Pete do?

2. How much more would you earn in three years if you invest $ 10,000 at a compound annual interest rate of 5.75%, instead of a simple interest rate of 5.75%?

7. What would be the compound annual interest rate you would need to double your investment of $ 1,000 in three years?