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2. Find the future value of the following investments (interest rate is 10%). a. $500 invested for of 3 years b. $1,500 invested for of
2. Find the future value of the following investments (interest rate is 10%). a. $500 invested for of 3 years b. $1,500 invested for of 5 years c. $15,000 invested for of 10 years 3. Find the present value of the following cash flows (interest rate is 5%). Show the cash flows on the time line and use step-by-step approach to solve for the present value
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