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Question 1 Each year, you invest 100 in a saving account that earn 10%/year. How much will you have at the end of 20 years?
Question 1 Each year, you invest 100 in a saving account that earn 10%/year. How much will you have at the end of 20 years? Question 2 Today you deposit 1500 in a savings account that earns 5%/year. How much will you have after 20 years? Question 3 What is the present value of 20000 to be received 20 years from today if interest rate is 5.5%/year
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