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MC Qu. 27 Today, you earn a salary of... Today, you earn a salary of $28,000. What will be your annual salary 12 years from

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MC Qu. 27 Today, you earn a salary of... Today, you earn a salary of $28,000. What will be your annual salary 12 years from now if you earn annual raises of 2.6 percent? Multiple Choice $38,100.12 $37,414.06 $38,235.24 $37,122.08 $36,736.00 MC Qu. 34 Your father invested a lump sum... Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51,480.79. How much did your father originally invest? Multiple Choice $5,929.47 $6,500.00 $13,035.72 $15,500.00 $11,999.45 MC Qu. 42 One year ago, you invested ... One year ago, you invested $1,800. Today it is worth $1,924.62. What rate of interest did you earn? Multiple Choice 6.59 percent 6.67 percent 6.88 percent 6.92 percent 7.01 percent

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