Question
1.What is the present value of 10,000.00 receive 5 years from now if the interest rate is 6%? 2.If you invest 5,000.00 today for 40
1.What is the present value of 10,000.00 receive 5 years from now if the interest rate is 6%?
2.If you invest 5,000.00 today for 40 years at 6% interest how much will you have at the end of forty years?
'3.What if we have monthly compounding?
4.If we invest 1,000.00 today and 750.00 each of the next two years at 7% how much will we have at the end of three years?
5.If you invest 10,000.00 today at 6% interest for ten years and then invest another 10,000.00 and start receiving 7% interest on all your money how much will you have at the end of twenty years?
6.How much of the interest is due to interest on Interest?
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