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QUESTION 11 A Certificate of deposit has a current value of $613.81. In 10 years the value will be $1,000. What is the interest rate?

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QUESTION 11 A Certificate of deposit has a current value of $613.81. In 10 years the value will be $1,000. What is the interest rate? 5.91% 6.71% 7.10% 5.59% 5.00% QUESTION 12 If the current value is $1.00 and in 5 years is $2.00. What was the growth rate? 10.82% 14.87% 13.61% 14.28% 12.17%

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