appendix not needed

Franklin Templeton has just invested $9.260 for his son (age one). This money will be used for his son's education 18 years from now. He calculates that he will need $71.231 by the time the boy goes to school. What rate of return will Mr. Templeton need in order to achieve this goal? Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. (Enter your answer as a whole percentage (I.e., 0.12 should be entered as 12).) Rate of return Mr Dow bought 100 shares of stock at $14 per share. Three years later, he sold the stock for $20 per share. What is his annual rate of return? Use & pendix 3 for an approximate answer, but calculate your final answer using the financial calculator method. Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Annual me out Del Monty will receive the following payments at the end of the next three years: $2.000 $3.500 and $4.500. Then, from the end of the 4th year through the end of the 10th year, he will receive an annuity of $5.000 per year At a discount rate of 9 percent, what is the present value of all three tuture benefits? Use Agend B and depend for an approximate answer, but calculate your final answer using the formule and financial Calculator methods. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value of all future bere