#7	Max purchased a tract of land for	$30,500
	Today, it is worth	$41,800
	The price of land has increased	5.50%	per year.
	How many years have passed since Max purchased the land?
	Max purchased a tract of land for	$30,500
	Today, it is worth	$41,800
	The price of land has increased	5.50%	per year.
	How many years have passed?
	n =	5.89
	n =	5.3
	n =	5.05
	n =	4.41
#8	You have the following investment.
	You deposited	$4,000.00	2	years from today.
	You deposited	$6,000.00	3	years from today.
	You deposited	$7,000.00	4	years from today.
	If the present value, today is	$13,108.49
	What was the rate of return on this investment?
	You have the following investment.
	You deposited	$4,000.00	2	years from today.
	You deposited	$6,000.00	3	years from today.
	You deposited	$7,000.00	4	years from today.
	If the present value, today is	$13,108.49
	What was the rate of return on this investment?
	K=	6.80%
	K=	8.60%
	K=	5.25%
	K=	9.21%