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1. What is the future value of $7189 invested for 23 years at 9.25% compounded annually? 2. Today you earned $36,000, what will your annual

1. What is the future value of $7189 invested for 23 years at 9.25% compounded annually?

2. Today you earned $36,000, what will your annual salary be 12 years from now, if you earn annual raises of 3.6%?

3. What is the Present Value of $150,000 to be receive 8 years from today if the discount rate is 11%?

4. One years ago you invested $1800, today its worth $1924.62, what rate of interest did you earn?

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