1. What is the future value of $7,000(invested today) invested for 15 years at 10 percent ded annually? $29,241 2. You spend $10,000 to buy 800 shares of stock in a new company 15 years ago. The stock has appreciated 6 percent per year on average. What is the current value of those 800 shares? Value of the 800 shares after 15 years (current value)- $23,966 5 years from now, you will be inheriting s$500,000. 3. What is this amount worth to you today if you can earn 5 percent interest, compounded annually? $391,763 4. S uppose you have an asset you purchased 35 years ago for $1,500. Now it is worth $52,000. What rate would you have earned on this asset? 10.66%