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QUESTION 19 Imagine that in 25 years you find a $20 bill on the floor. How much would that be worth today? Consider an interest
QUESTION 19 Imagine that in 25 years you find a $20 bill on the floor. How much would that be worth today? Consider an interest rate of r=0.03 5.24 9.55 15.22 21.03 QUESTION 20 Consider this investment: you invest $4000 dollars today and you receive $900 a year for 5 years. Is this a good investment for an interest rate of r=0.05? What about for an interest rate of r=0.02? Yes, Yes No, Yes Yes, No No, No QUESTION 18 What is the value of $325 dollars in 20 years if the interest rate is r=0.1? 1589.6 2186.4 3250 6426.8
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