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How many years will take for investment

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Reference no: EM132721563

Problem 1. What is the present value of a 10-year annuity of $400 per year if the annual interest rate is 3.5%?

Problem 2. What will an investment of $2,500 today be worth in 15 years at an interest rate of 2.5% compounded semi-annually?

Problem 3. How many years will it take for your investment of $1,000 to become $10,000 at an annual interest rate of 3.9%?

Reference no: EM132721563

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