You find an investment that promises 15% in returns every year. You put $1,000 into this investment today and do not take any monies out for 45 years. How much will your investment be worth in 45 years? Ivan's daughter will be going to college in 10 years. The first year of college is estimated to be $45,000. Ivan wants to pay the $45,000 for the first year of the program. How much money does Ivan have to invest today in order to have $45,000 to pay for the first year of the program ten years from now? The money will be invested in a bond which pays 6% interest rate compounded annually. A Bananas cost $0.59 per pound in 2021. If inflation will be 4%, assuming the price of bananas only increases with inflation, how much a pound of bananas cost in 50 years? AJ Compounding is: The process of computing the future value from the number of time periods. The process of computing the present value from the future value. The process of computing the future value from the present value. The process of computing the amount of interest from the present value