1: You will invest $200 per year. If the rate is 9.52%, how much will you have in 16 years?

2: You are looking at an investment that will pay you $24640 in year 2, $40192 in year 4 and $48667 in year 6. If your required return is 8.73%, what is the most you should pay for the investment? (In other words, how much is the project worth today?)

Answer rating: 100% (QA)

To calculate the future value of an investment using compound interest we can use the formula FV PV ... View the full answer