Rental cost for offices spaces have been going up at 6.2% per year compounded annually for the past 5 years. If office space rent is now at a rate of $32 per square foot per month, what were the rental rates 5 years ago?

5. Rental cost for offices spaces have been going up at 6.2% per year compounded annually for the past 5 years. If office space rent is now at a rate of $32 per square foot per month, what were the rental rates 5 years ago? a. b. c. d. e. f. Future Value with compound interest Present Value with compound interest Future Value of an Annuity Present Value of an Annuity Sinking Fund Amortization The manager of a money-market fund has invested $4.2 million in certificates of deposit that pay interest at the rate of 5.4% per year compounded quarterly over a period of 5 years. How much will the investment be worth at the end of 5 years? 6. a. Future Value with compound interest b. Present Value with compound interest c. Future Value of an Annuity d. Present Value of an Annuity .Sinking Fund f Amortization