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p5-4 is what i need help on D P5-3 Future value You have $100 to invest. If you can earn 12% interest, about how long

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D P5-3 Future value You have $100 to invest. If you can earn 12% interest, about how long does it take for your $100 investment to grow to $2007 Suppose that the inter est rate is just half that, at 6%. At half the interest rate, does it take twice as long to double your money? Why or why not? How long does it take? P5-4 Future values For each of the cases shown in the following table, calculate the fu- ture value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified. Case Interest rate 5% Deposit period (years) 20 7 10 B 8 Single cash flow $ 200 4,500 10,000 25,000 37,000 40,000 D E F 9 10 11 12 5 12 9 Personal Finance Problem Time value You have $1,500 to invest today at 7% interest cor a. Find how much you will have accumulated in the accour nded

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