Ten years ago, Hailey invested $3,200 and locked in an annual interest rate of 8 percent for 20 years (ending 10 years from now). Aidan can make a 10-year investment today and lock in an interest rate of 10 percent How much money should he invest now in order to have the same amount of money in 10 years as Hailey? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value At age 36 you invest $1,500 that earns 9 percent each year. At age 51 you invest $1,500 that earns 12 percent per year. In which case would you have more money at age 65? O investing at age 51 O investing at age 36 How long will it take $2,000 to reach $4,800 when it grows at 12 percent per year? (Do not round intermediate calculations. Round "months" to 1 decimal place.) Period years I months How many years (and months) will it take $2 million to grow to $1.60 million with an annual interest rate of 7 percent? (Do not round intermediate calculations. Round "months" to 1 decimal place.) Period _ years months What is the value in year 3 of a $2,500 cash flow made in year 5 if interest rates are 8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value in year 3 What would be more valuable, receiving $700 today or receiving $850 in three years if interest rates are 8 percent? O receiving $850 future O receiving $700 today