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Using Table 1-1 on page 19, calculate the following: The future value of a lump-sum investment of $5,000 in 5 years that earns 6 percent.

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Using Table 1-1 on page 19, calculate the following: The future value of a lump-sum investment of $5,000 in 5 years that earns 6 percent. A person who invests $1500 finds one choice that is expected to pay 4% per year and another choice that is expected to pay 6%. What is the difference in return if the investment is made for 5 years

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