Question 1: Future Value
If you invest 9,000 today, how much will have:
a. in 2 years at 9 percent?
b. In 7 years at 12 percent?
c. In 25 years at 14 percent?
d. In 25 years at 14 percent (compounded semiannually)?
Question 2: Present value
How much would have to invest today to receive:
a. 15,000 in 8 years at 10%?
b. 20,000 in 12 years at 13 percent?
c. 6,000 each year for 10 years at 9 percent?
c. 50,000 each year for 50 years at 7 percent?