You have an investment that will pay you 176 percent per


You have an investment that will pay you 1.76 percent per month.

a. How much will you have per dollar invested in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

b. How much will you have per dollar invested in two years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value $

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Financial Management: You have an investment that will pay you 176 percent per
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