How much will you have in 25 years, if you invest $100,000 today and it earns 9.6% interest the entire time? 896,256.00989,153.00240,000.00340,000.00 Question 2 3 pts PV=$15,000;I=11%;N=25. Solve for FV 203,781.0056,250.0041,250.00298,123.00 You invest $50,000 today. You will earn 7% interest for 30 years. How much do you have at the end? 105,000.00311,251.00380,612.00155,000.00 Question 4 3 pts FV=$100,000; Rate =11.2%;N=10. Calculate PV. 62,145.0053,478.0016,790.0034,590.00 In order to have $1,000(FV)3 years from now (N), assuming you can earn 8% interest, how much do you need to invest today (PV)? 522.001,259.00361.00793.00 Question 6 FV=$100,000; Rate =7.5%;N=10. Calculate the PV 175,319.00206,103.0048,519.0075,256.00 What interest rate would you need to earn in order to become a deca-millionaire (worth $10,000,000 ) if you invested $2,000,000 today and wanted to be worth ten million dollars in 15 years? 15.67% 12.98% 11.33% No solution. Error. Question 8 What rate of interest would be required to enable an investment of $10,000 to reach a total value of $100,000 over a 20 year period? 13.4% No solution. Error. 12.2% 10.6% How long will you need to wait until the value of a $1,000 investment doubles, if it earning 10.5% interest per year? 6.94 years 7.88 years No solution. Error. 5.46 years Question 10 3 pts What interest rate would you need to earn in order to become a deca-millionaire (worth $10,000,000 ) if you invested $1,000,000 today and wanted to be worth the total of ten million dollars in 15 years? 22.83% 14.56% No solution. Error. 16.59%