QUESTION 5 What is the future value of $494 invested for 9 years at 11.84%? (Round to 2 decimal places.) QUESTION 6 A company has purchased an asset for $181,970. If they require a return of 11.32%, how much must they sell the asset for in 7 years?(Round to 2 decimal places.) QUESTION 7 An investment worth $5,712 today will grow at a compound interest rate of 8.85%. A similar investment will grow at a simple interest rate of the same percent. How much more will the compound interest investment be worth in 11 years? QUESTION 8 How much will you have in 24 if you invest $4,013 into an account that earns 11.18%? (Round to 2 decimal places.) QUESTION 9 You are looking at some real estate that the broker told you will be worth $552,421 in 8 years. If the interest rate is 12.36%, how much should you be willing to pay for it today? In other words, how much is it worth today? (Round to 2 decimal places.) QUESTION 10 You invested $484 into a compound interest account that earned 7.3%. Your friend invested the same amount into a simple interest account earning the same percent. How much more did you have in your account after 11 years