Question 1: If you invested 10,000 in a CD (Certificate of Deposit) paying you five percent per year, what would be the value of your CD at the end of five years?
Question 2: If you won $250,000 today and invested all of it in a security that paid a eight percent rate of return, how much would you have in 20 years?
Question 3: If you bought a new home today valued at $300,000, what will be its value in 10 years if inflation is three percent per year?
Question 4: If you can earn eight percent per year on your retirement account, how much will you have to save each year if you want to retire in 20 years with $1 million?