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QUESTION 11 What is the approximate future value of $200 invested at an annual interest rate of 5% for 20 years? $500 $510 $530 $540

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QUESTION 11 What is the approximate future value of $200 invested at an annual interest rate of 5% for 20 years? $500 $510 $530 $540 QUESTION 12 What is the approximate future value of $1,000 to be received each year for 15 years assuming an interest rate of 10%? $30,562 $32,762 $34,562 $31 ,772 QUESTION 13 How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%? 6 8 O 10 12

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