Calculate the future value of $5,000 in a. Four years at an interest rate of 7% per year b. Eight years at an interest rate of 7% per year. c. Four years at an interest rate of 14% per year. d. Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)? a. Four years at an interest rate of 7% per year The future value of $5,000 in 4 years at an interest rate of 7% per year is $). (Round to the nearest dollar) co What is the present value of $10,000 received a. Twenty four years from today when the interest rate is 4% per year? b. Twelve years from today when the interest rateli 4% per year? c. Six years from today when the interest rate is 9% per year? a. Twenty four years from today when the interest rate is 4% per year? The present value of $10,000 received 24 years from today when the Interest rate is 4% per year is $(Round to the nearest dollar) Your grandfather put some money into an account for you on the day you were born You are now 18 years old and are allowed to withdraw the money. The account currently has $4,382 in it and pays an interest rate of 6% a. How much money would be in the account if you left the money there until your 25th birthday? b. What if you left the money until your 65th birthday? c. How much money did your grandfather originally put into the account? a. How much money would be in the account if you left the money there until your 25th birthday? The amount that would be in the account If you loft the money there until your 25th birthday would be 5 (Round to the nearest dollar)