1).You make a 10,000 investment. How many years will it take the investment to grow to $18,000 if the investment earns 5% per year?

2). What is the present value of $50,000 to be received in 20 years? Your required rate of return is 8% per year.

3). What is the interest rate required for 10,000 to grow into 25,000 in 15 years?

4). If you make a $5,000 on investment in stock today, and hold the investment for 15 years and decide to sell the entire investment, how much money (before tax) will you receive. Interest earned on this investment has been 9% per year.