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FV/PV Lump Sum . Assume interest is 5% paid once per year, I=5 A.) What is $100 invested today worth 5 years from now? B.)

FV/PV Lump Sum. Assume interest is 5% paid once per year, I=5

A.) What is $100 invested today worth 5 years from now?

B.) How much am I willing to pay today for the receipt of $100 five years from now?

C.) Solving for Time (N) If you presently have $2,000 invested at a rate of 8 percent, how many years will it take for your investment to triple?

D.) Solving for Interest (I) You want your money to double in six years. What yield should you be looking for on your investment?

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