List answers please
Future value: Your birthday is next week and instead of other peesents, your parents promised to ou $1,000 in cash. Since you have a part-time job and, thus, don't need the cash immediately ghve yoe decide to inrvest the money in a bank CD that pays 5.2 percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time s7 Multiple compounding periods: Find the future value of a five-year $100,000 investment that us &.75 percent and that has the following compounding perkods a. Quarterly b. Monthly c. Daiy ss Growth rates: Joe Mauer, a catcher for the Minnesota Twims, is expected to hit 15 bome runs in 59 Present value: Roy Gross is considering an investment that pays 7 6 percent, compounded 5.10 Present value: Maria Addai has been ofered a future payment of $750 two years from now. If 511 Present value: Your brother has asked you for a loan and has promised to pay you $7,750 at the 2014. Ifhis home-run-hitting ability is expected to grow by 12 percent every year for the following five years, hone many home runs is he expected to hit in 2019 anually: How much will he have to invest today so that the investment will be worth $25,000 in six years? she can earn 6.5 percent, compounded annually, on her investment, what should she pay for this investment today? end of three years. If you normally invest to earn 6 percent per year, how mach will you be willing to lend to your brother if you view this purely as a financial transaction (i.e. you don't give your brother a special deal)? 5.12 Present value: Tracy Chapman is saving to buy a house in five years. She plans to pat 20 percent down at that time, and she believes that she will need $35,000 for the down payment. lf Tracy can invest in a fund that pays 9.25 percent annually, how mach will she have to invest today? 5.13 Present value: You want to buy some bonds that will have a value of $1,000 at the end of seven years. The bonds pay 4.5 percent interest annually. How much should you pay for them today? 5.14 Present value: Elizabeth Sweeney wants to accumulate $12,000 by the end of 12 years. If the annual interest rate is 7 percent, how much will she have to invest today to achieve her goal 5.15 Interest rate: You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1,300 and agree to pay back $1,500 in two years Alterna- tively, you could borrow from your bank that is charging 6.5 percent interest nnually. Should you borrow from your uncle or the bank? 5:16 Number of periods: You invest $1 50 in a mutual fiand today that pays 9 percent interest annu- ally How long will it take to double your money