11. Suppose you invest $25,000 in a fund with future value of this investment? interest rate of 5.5% per year for 4 years. What is the 12. You need $1,500,000 to buy a new house for your family. A hedge fund offers an interest rate of 6% per year on their investment. How much do you have to deposit today into the fund to get $1,500,000 in four years? 13. You are considering a five year investment a condominium. If you deposit $350,000 in the bank today, you will receive $475,000 in three years. What is the interest rate for this investment? 14. Suppose you make $4,000 deposits at the end of each year for 3 years. If the interest rate is 4% per year, what is the future value of this ordinary annuity? 15. Suppose you make $4,000 deposits at the beginning of each year for 3 years. If the interest rate is 4% per year, what is the future value of this annuity due