1. The total cost of college will be $75,000 when Jonathan and Charlotte's son Jamal will attend college in 18 years. The couple currently have $7,000 to invest. What is the rate of return must Jonathan and Charlotte earn on their investment to cover Jamal's college education? A. Answer: what is being ask to solve for: FV, PV, PRM, R, T? 8. Provide the calculated answer. 2. Isiah a recent college graduate, is considering buying a parcel of land for $28,000 which the real estate agent assumes will appreciate in value at a rate of 12% annually. If the agent it correct, what would the land be worth in 9 years? A. Answer: what is being ask to solve for: FV, PV, PRM, R,T? B. Provide the calculated answer. 3. How long would it take for $6,000 to triple at an annual rate of 7% ? A. Answer: what is being ask to solve for: FV, PV, PRM, R,T B. Provide the calculated answer. 4. How long would it the for $6,000 to double at an annual rate of 7% ? A. Answer: what is being ask to solve for: FV,PV,PRM,R,T 8. Provide the calculated answer. 5. Suppose you need $105,000 in 15 years. If you can earn 8 percent annually, how much do you need to invest today? A. Answer: what is being ask to solve for: FV, PV, PRM, R,T B. Provide the calculated