4.) Emmy Rosales found that the market value, in millions, of Rosales and Co.,Inc.has gone from $284,210.00 to $429,250.00 in 7 years. With tri-annually compounding, what is the annualized rate of growth (CAGR)?

a. 5.9486%

b. -0.6481%

c. 13.88%

d. 2.0224%

6.) Daniela Partlow is putting away money in a vacation fund to travel in 18 years and currently has an amount of $123,370.00. Given an interest rate of 5.00% compounded quarterly, how much will they have in 18 years?

a. $296,904.61

b. $130,462.95

c. $301,753.18

d. $149,957.01

7.) Donnell Smoldt plans to buy a car in 8 years and will need another $211,840.00 before they can do so. Given an interest rate of 4.00% compounded monthly, how much money do they need to set aside today?

a. $153,909.29

b. $154,789.41

c. $211,370.55

d. $132,314.64

9.) Reynalda Tibwell deposits into their bank account $5,720.00 every quarter for 11 years how much is this investment worth at the end of 11 years? Assume an interest rate of 1.00%

a. $238,050.12

b. $59,302.83

c. $265,693.65

d. $66,162.29

10.) Gay Kitner expects to receive interest payments totalling $27,260.00 every day for 25 years how much is this cash flow worth to them today assuming transactions begin today? Assume a discount rate of 6.00%.

a. $348,531.57

b. $1,495,852.45

c. $577,377,584.69

d. $128,846,235.37