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Question 9 (10 points) With an interest rate of 10% per year, all the following are equivalent to $5,000 now except: $4,545 one year ago

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Question 9 (10 points) With an interest rate of 10% per year, all the following are equivalent to $5,000 now except: $4,545 one year ago $5,500 one year hence $4,021 two years ago $6,050 two years hence Question 10 (1 point) You invested $8,000 and received $16,000 after n years. If the the fund had an interest rate of 10% compounded quarterly, what was the value of n? Leave your answer to the nearest whole number. Your

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