5,6,7 please Forty years ago, your father invested $2.500. Today that...
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5,6,7 please
Forty years ago, your father invested $2.500. Today that investment is worth $107.921. What is the average rate of return your father carned on his investment? TIP= find A 8.50 percent OB.9.33 percent OC.9.50 percent O 0.9.87 percent O E. 9.99 percent QUESTION 6 You would like to give your daughter $40,000 towards her college education thirteen years from now. How much money must you set aside today for this purpose if you can carn 6.3 percent on your funds? A $17,750.00 OB $17.989.28 C. $18.077.05 OD $18,213.69 E $18.395.00 by 6 percent annually, how much will the auto be QUESTION 7 You own a classic automobile that is currently valued at $39,500. If the value increases worth ten years from now? O A 564,341.34 OB. 544,734.42 C. 569,843.06 OD. $70,738.48 E. $74,146.93
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