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14. If you invest $1250 now, you will get $1550 back in 5 years. What ciQ does this represent? 15. If you invest $1250 now

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14. If you invest $1250 now, you will get $1550 back in 5 years. What ciQ does this represent? 15. If you invest $1250 now at 4.86Cl, how much will you have in 5 years? 16. Based on an effective interest rate comparison, rank the following from best (1) to worst (4)? A. 6.10CIA B. 6.05Cis c. 5.99cla D. 595%CIM 17. A friend promises to pay you $600 two years from now if you loan her $500 today. What CIM is your friend offering? 18. You are offered an investment opportunity with the "guarantee" that your investment will double in 5 years. What CU would this investment provide? What interest rate approximation does the Rule of 72 produce? 19. How much principal is still outstanding after the second payment of a 20 -year amortized mortgage of $60,000 of 10% CIA? 20. If you deposit $2000 into an IRA every year for the next 15 years, and you expect to earn 8.5% CIA per year, what will be the value of your IRA in 15 Years? How much interest in S did you earn over that time

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