1. Two Years Future Value What is the future value of $18,000 deposited for two years earning 7% interest rate annually.
2. What is the present value of a $270 payment in one year when the discount rate is 6 percent? (Round your answer to 2 decimal places.)
3. What annual rate of return is earned on a $1,000 investment when it grows to $2,100 in seven years.