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** Always show your work** 1. You have $10,000 to invest today. You can earn 8% on your money. How much will you have 12

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** Always show your work** 1. You have $10,000 to invest today. You can earn 8% on your money. How much will you have 12 years from today? 2. You need $250,000 in 18 years to fund your child's college education. You can earn 4% on your money. How much do you need to invest today to reach your goal? 3. Your grandparents bought 45 silver dollars for you in 1952. How much will they be worth when you retire in 2055 assuming they appreciate at 5.6% annual rate? 4. You have $15,000 now and you need $25,000 for a down payment on your first house. You can earn 10% on your money. How long will it be before you will have enough money to put down on a house

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