1. What is the future value of a 1000 dollars place in savings account for 4 years if the account pays 9% compound quarterly?
2. Your brother who 6 years old just received a trust fund that will be worth 25000 when he is 21 years old. if the fund earns .09 compound interest annually what is the value of the fund today
3. If you were to borrow 9100 over 5 years and 0.13 compound monthly what would the monthly payments be?
4. Your uncle promise to give 500 a quarter for the next 5 years. how much is his promise worth right now if the interest rate is .06 compound quarterly?
5. A stock has the expected return of .08 and a variance of .23. what is the coefficient of variation?