14. You plan to invest in bonds that pay 6%, compounded annually. If you invest $10,000 today, how many years will it take for your investment to triple? OA) 12.37 B) 13 74 C) 15.27 D) 18.85 None of the above 15. You inherited an oil well that will pay you $25,000 per year for 25 years, with the first payment being made today. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sell it? A) $284,595 O B) $299,574 O c) $314,553 OD) $330,281 None of the above 16. After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and deposit $7.500 a year for the first 6 years and $15,000 annually for the following 6 years. The first deposit will be made a year from today. In addition, your grandfather just gave you a $25.000 graduation gift which you will deposit immediately. If the account earns 9% compounded annually, how much will you have when you start your business 12 years from now? OA) $238,176 B) $250,712 C) $263,907 D) $277797 None of the above 17. What is the present value (PV) of an investment that will pay $600 in one year's time, and $600 every year after that, when the interest rate is 10%? O A) $2500 B) $4000 O CS3000 OD) 55000 None of the above 18. What's the future value of $1,200 after 5 years if the appropriate interest rate is 6%, compounded monthly? A) $1,537 69 OB) $1.618.62 C) $1,699.55 OD) $1,784 53 None of the above