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1.4 years from today, $5,000 will be deposited into an account that pays 7% interest. What will be the account balance 13 years from today?
Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46.
2.What interest rate must be earned in order to grow a present value of $20,000 into $25,000 5 years from today?
Enter your answer as a percentage rounded to 2 decimal places. An answer of 23.456 would be rounded to 23.46.
3.How long will it take to grow a present value of $9,000 into a value of $18,000 at an interest rate of 11%?
Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46.
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