a) What will a $100 investment be worth in three years time if the rate of interest is 8 per cent, using simple interest annual compound interest b) You plan to invest $10,000 in the shares of a company If the value of the shares increases by 5 per cent a year, what will be the value of the shares in 20 years If the value of the shares increases by 15 per cent a year, what will be the value of the shares in 20 years c) How long will it take you to double your money if you invest it at 5 per cent 15 per cent Home assignment no 3 (25 pts) a) What will a $100 investment be worth in three years' time if the rate of interest is 8 per cent, using simple interest annual compound interest b) You plan to invest $10,000 in the shares of a company If the value of the shares increases by 5 per cent a year, what will be the value of the shares in 20 years If the value of the shares increases by 15 per cent a year, what will be the value of the shares in 20 years c) How long will it take you to double your money if you invest it at 5 per cent 15 per cent

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a) What will a $100 investment be worth in three years time if the rate of interest is 8 per cent, using: simple interest? annual

a) What will a $100 investment be worth in three years time if the rate of interest is 8 per cent, using: simple interest? annual compound interest?

b) You plan to invest $10,000 in the shares of a company. - If the value of the shares increases by 5 per cent a year, what will be the value of the shares in 20 years? - If the value of the shares increases by 15 per cent a year, what will be the value of the shares in 20 years?

c) How long will it take you to double your money if you invest it at: - 5 per cent? - 15 per cent?

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Home assignment no 3 (25 pts) a) What will a $100 investment be worth in three years' time if the rate of interest is 8 per cent, using: simple interest? annual compound interest? b) You plan to invest $10,000 in the shares of a company. - If the value of the shares increases by 5 per cent a year, what will be the value of the shares in 20 years? - If the value of the shares increases by 15 per cent a year, what will be the value of the shares in 20 years? c) How long will it take you to double your money if you invest it at: -5 per cent? - 15 per cent