George has a valuable painting that he believes will be worth $$70,000,16$ years from now. He was just offered $$15,000$ if he sells the painting today. What rate would George need for his painting to grow its worth to $$70,000$ by the end of the $16$ years?

Group of answer choices

$10\mathrm{.}65\%$

$10\mathrm{.}11\%$

$-9\mathrm{.}18\%$

$9\mathrm{.}38\%$

Flag question: Question $2$

Question $20\mathrm{.}25$ pts

A PV of $$1,800$ is expected to grow to equal a FV of $$9,000,13$ years from now. With monthly compounding, what annual rate of return is required to make this happen?

Group of answer choices

$-12\mathrm{.}32\%$

$11\mathrm{.}64\%$

$12\mathrm{.}44\%$

$13\mathrm{.}18\%$

Flag question: Question $3$

Question $30\mathrm{.}25$ pts

A PV of $$25,000$ is expected to grow to equal a FV of $$100,000,20$ years from now. What rate of return is required to make this happen?

Group of answer choices

$7\mathrm{.}18\%$

$5\mathrm{.}00\%$

$-6\mathrm{.}70\%$

No solution $/$ error

Flag question: Question $4$

Question $40\mathrm{.}25$ pts

A PV of $$800$ is expected to grow to equal a FV of $$2,500,11$ years from now. What rate of return is required to make this happen?

Group of answer choices

$10\mathrm{.}91\%$

$8\mathrm{.}32\%$

$-9\mathrm{.}84\%$

$7\mathrm{.}35\%$

Flag question: Question $5$

Question $50\mathrm{.}25$ pts

A PV of $$25,000$ is expected to grow to equal a FV of $$1,500,000,34$ years from now. With monthly compounding, what annual rate of return is required to make this happen?

Group of answer choices

$12\mathrm{.}80\%$

$-11\mathrm{.}98\%$

$-11\mathrm{.}35\%$

$12\mathrm{.}10\%$

Flag question: Question $6$

Question $60\mathrm{.}25$ pts

A PV of $$7,000$ is expected to grow to equal a FV of $$100,000,22$ years from now. With monthly compounding, what annual rate of return is required to make this happen?

Group of answer choices

$-11\mathrm{.}39\%$

$12\mathrm{.}15\%$

$12\mathrm{.}03\%$

$12\mathrm{.}85\%$

Flag question: Question $7$

Question $70\mathrm{.}25$ pts

Jared has $$4,500$ in a retirement account. He has calculated that when he retires in $27$ years, the account should have $$80,000.$ If this account compounds interest every month, what rate does Jared have to earn in this account?

Group of answer choices

$10\mathrm{.}15\%$

No solution $/$ error

$10\mathrm{.}71\%$

$-10\mathrm{.}61\%$

Flag question: Question $8$

Question $80\mathrm{.}25$ pts

A PV of $$950$ is expected to grow to equal a FV of $$3,000,15$ years from now. What rate of return is required to make this happen?

Group of answer choices

$7\mathrm{.}35\%$

$-7\mathrm{.}38\%$

$8\mathrm{.}18\%$

$7\mathrm{.}97\%$

Flag question: Question $9$

Question $90\mathrm{.}25$ pts

Daniel wants to have $$750,000,25$ years from now. He has invested $$40,000$ that he got from an inheritance. What rate of return does his investment need to earn in order for him to have the $$750,000,25$ years in the future?

Group of answer choices

$12\mathrm{.}25\%$

$-11\mathrm{.}06\%$

$12\mathrm{.}44\%$

No solution $/$ error

Flag question: Question $10$

Question $100\mathrm{.}25$ pts

A PV of $$1,200$ is expected to grow to equal a FV of $$6,000,14$ years from now. What rate of return is required to make this happen?

Group of answer choices

$12\mathrm{.}18\%$

$10\mathrm{.}62\%$

$-10\mathrm{.}86\%$

$11\mathrm{.}32\%$