1. Suppose you had a relative deposit $10 at 5.5% interest 200 years ago. How much would the investment be worth today? 200 N; 5.5 1/Y; 10 PV CPT FV = -447,189.84 2. You are looking at an investment that will pay $1,200 in 5 years if you invest $1,000 today. What is the implied rate of interest? N = 5 PV = -1,000 (you pay 1,000 today) FV = 1,200 (you receive 1,200 in 5 years) CPT 1/Y = 3.714%