You invest $174 today at 6.0% compound interest per year. In how many years will you have $292? Round to the nearest hundredth. 2. In 2 years you plan to invest $154. In 17 years from today will you have $227. What annual compound interest rate will you earn on your investment? Answer as a decimal. Round to the nearest ten thousandth. 3. You decide to purchase some equipment for your business. You have have two alternative payment plans in which you pay for the equipment at a later date. Alternative A has a 1.1% annual cost of capital and you will owe $514 in 4 years. Alternative B has a 9.5% annual cost of capital and you will owe $527 in 14 years. What is the present value of the alternative that you should choose (Round to the nearest cent)? 4. You invest in an account today that pays 9% simple interest. You will have $249 after 15 years. How much money did you initially invest? Round to the nearest cent. 5. You are considering two different investments that are identical except that investment A pays an interest rate of 10.14% and investment B pays an interest rate of 7.00%. What is the interest rate of the more risky investment? Answer as a decimal and round to the nearest ten thousandth??