A.) Find the FV of $2000 invested to earn 15% annually 10 years from today.

Inputs:

PV =

2000

I/YR =

15%

N =

10

Answer:

B.) Find the PV of $2000 due in 10 years if the discount rate is 15% per year.

Inputs:

FV =

2000

I/YR =

15%

N =

10

Answer:

C.) An investment has a cost of $2000 and will return $5000 after 3 years. Calcuate the rate of return the investment provides.

Inputs:

PV =

-2000

FV =

5000

I/YR =

????

N =

3

Answer:

D.) If Florida's population is 15 million and its expected to grow by 3% per year, how long will it take for the population to double?

Inputs:

PV =

-15

FV =

30

I/YR = growth rate

3%

N =

?????

Answer:

E. )Find the PV of an ordinary annuity that pays $1000 at the end of each of the next 10 years if the rate is 10%. Once that's complete find the FV of that same annuity.

Inputs:

PMT =

2000

N =

10

I/YR =

10%

PV Answer:

FV Answer: