If you deposit $21000 into an account earning 8% and leave it there for 6 years, what would the balance be at the end of the six years? You need to earn 12%. Timco stock will pay $3 per year, forever. What is a fair price?

You are in my will! When I die you will receive $161,000. The fair return is 5%. What is the value of your inheritance now if I am expected to live for 10 more years? B. You owe me $121128 but can only pay me $14,000 per year. If the agreed upon rate is 7%, how long will it take to repay me?