You deposit $1,000 in an account that pays 8% interest annually (at the end). How much will you have in four years? Suppose you have just celebrated your 19th birthday. A rich uncle set up a trust fund for you that will pay you $100,000 when you turn 25. If the relevant discount rate is 11%, how much did the uncle deposit in the fund today? You've been offered an investment that will pay you 7% per year. If you invest $10,000, how long until you have $20,000? How long until you have $30,000