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3. Determine the future value if $5,000 is invested in each of the following situation:( just need to answer one in a,b,c. thank you )
3. Determine the future value if $5,000 is invested in each of the following situation:( just need to answer one in a,b,c. thank you ) a. 5% for 10 years b. 7% for 7 years c. 9% for 4 years 4. You are planning to invest $2,500 today for 3 years at a nominal interest rate of 9% with annual compounding a. What would be the future value of your investment b. Now assume that inflation is expected to be 3% / years, over the same 3 years period. What would be the investment
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