lems Time Value of Money Q Search this : Homework Problems - Time Value of Money Assignment Score 5.12% Save Submit Assignment for Gradings Problem 7-11 Question 6 of 13 Check My Work (3 remaining) eBook Problem 7-11 LYOU purchase a stock for $20 and expect its price to grow annually at a rate of 10 percent. Use Appendix A to answer the questions. Round your answers to the nearest cent a. What price are you expecting after seven years? b. If the rate of increase in the price doubled from 10 percent to 20 percent, would that double the increase in the price? and at 20% is $ Doubling the growth rate -Select the price appreciation. The increase in the price at 10 % is $ Chock My Work (3 remainingh Question 6 o 13 737 P 0/7/2019 Problem 7-11 Interest Factors for the Future Value of One Dollar Time Period (e.g. year) 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 1.010 1.020 1.020 1.040 1.061 3 1.030 1.040 1.082 1.125 1.170 1.217 1.050 1.102 1.158 1.216 1.276 1.060 1.070 1.080 1.166 1.090 1.100 1.210 1.120 1254 1.140 1.300 1.150 1.160 1.346 1.561 1.811 1.200 1.440 1728 1.180 1.392 1.124 1.145 1.030 1.061 1.093 1.041 1.051 1.188 1.295 1.412 1.539 1.322 1.521 1.749 1.191 1.225 1.262 1.311 1.338 1.403 1.260 1.331 1464 1.611 1.405 1.482 1.689 1.925 4 1.082 1.104 1.126 1.159 1.360 1.469 1.643 1.939 2.288 1.574 2.074 5 1.762 2.011 2.100 2.488 1.062 1.126 1.265 1.194 1.230 1.267 1.305 1.344 1340 1407 1477 1.551 1.480 1.629 1.419 1.501 1.587 1.677 1828 1.993 2.172 2.367 1772 1974 2.211 2.476 2.773 3.106 2.195 2.502 2.660 2.853 3.252 2.313 2436 2.700 3.186 3.759 2.986 3.583 4.300 5.160 6.192 7 1.072 1.149 1.083 1.172 1.094 1.195 1.105 1.316 1.504 1.606 1.594 1718 1.689 1.838 1.791 1.967 1.714 1.851 1.999 2.159 1.949 1.369 1.423 2.144 2.358 2.594 2.826 3.278 3.803 4.411 3.059 3.518 4.046 4.436 5.234 10 1.219 3.707 2.853 3.138 3.452 3.797 1.243 1.898 2.105 2.012 2.252 2.332 2.518 2.720 2.937 3.172 2.580 2.813 3.066 3.342 3.642 3.479 3.896 4.363 4.887 5.474 4.652 5.350 6.153 7.076 11 1.116 1.384 1.426 1.469 1.513 1539 1.710 1.601 1.665 1.732 1.801 4.226 5.117 5.936 6.886 7988 9.266 6.176 7.287 8.599 10.147 11.973 7430 8916 10.699 12.839 12 13 4.818 5.492 1.127 1.268 1.294 1.149 1.319 1.346 1.796 1.886 2.133 2.410 1.980 2.261 2.579 2.079 1.138 14 6.261 15 1.161 1.558 2.397 2.759 4.177 7.138 8.137 15.407 6.130 6.866 7.690 10.575 12.375 14.463 8.613 12.056 14.232 16.777 9.646 13.743 16.367 18.488 22.186 26.623 31.948 38.337 9.358 10.748 2.540 2.952 2.693 3.159 2.854 3.380 3.026 3.617 3.207 3.870 3.970 4.328 4.717 5.142 5.604 4.595 5.054 5.560 6.116 6.728 14.129 16.672 19.673 23.214 27.393 8.137 9.276 10.761 12.468 1.873 2.183 1.948 2.292 2.026 2.407 2.527 2.653 3.426 16 17 18 19 20 1.173 1.373 1.184 1.400 1428 1.196 1.208 1.457 1.486 1.220 1605 1.653 1.702 1.754 1.806 2.191 3.700 3.996 4.316 4.661 2.107 19.461 62.688 95.396 8.623 10.835 17.000 26.462 32.919 40.874 6.848 25 1.282 1.641 2.094 2.666 3.386 4.292 5.427 2.427 3.243 4.322 5.743 7.612 10.063 13.268 17449 29.960 50.950 66.212 85.850 143.370 237.370 30 1.348 1.811