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1. What sum of money invested at 7% compounded quarterly will grow to $2500 in 10 years? 2. Find the future value of $2000 invested
1. What sum of money invested at 7% compounded quarterly will grow to $2500 in 10 years? 2. Find the future value of $2000 invested at 4 % compounded quarterly for 10 years; 3. At what nominal rate of interest compounded quarterly will money double in 10 years? 4. A deposit of $2000 earns interest at 6% p.a. compounded monthly for four years. At that time, the interest rate changes to 7% p.a. compounded quarterly. What is the value of the deposit three years after the change in the rate of the interest? 5. Suppose $1000 earns interest of $93.81 in one year. What is the nominal annual rate of interest compounded annually? 6. In how many years will $300 grow to $5440 at 4% compounded quarterly? 7. Describe international market indexes and averages. 8. What are the key features and benefits of common shares from the point of view of both the issue and the investor? 9. Summarize important stock indexes and averages. 10. What are the key features and unique benefits of preferred shares from the point of view of both the issue and the investor
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