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need number 1 and 2 1. If you invest $7,500 for four years at 8% interest, what is the value of your investment after 1
need number 1 and 2
1. If you invest $7,500 for four years at 8% interest, what is the value of your investment after 1 year? 2 years? 3 years? 2. What is the present value of $8,600 in 7 years at 9% interest? How would the present value be impacted if the interest rate was 8% ? What if it was 11% Step by Step Solution
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