1. You would like to have a total of $10,000 for university studies in 7 years, and you can invest at a simple interest rate of 4.75%. How much should you invest today?

$7,504.69

$5,703.42

$4,166.67

None of these answers

2. The average inflation has been 4%. Your investment return was 8%. What is your real return?

3%

4%

5%

8%