1. If you invest $100,000 at an annual interest rate of 8.5%, how much will it be worth in 5 years?
2. You want to have $5,000 in 4 years, and the annual interest rate is 5%. How much should you invest today to achieve this future goal?
3. You invest $1,200 today, and it grows to $1,500 in 3 years. What is the annual interest rate of your investment?
4. You deposit $500 at the year, and after a certain period, the total future value is $3,000. What is the time period for this investment, assuming an annual interest rate of 6%?
5. If you deposit $2000 at the end of each year for5 years into an account with an annual interest rate of10%, what will be the future value of your investment?
6. If you deposit $800 at the end of each year for 6 years into an account with an annual interest rate of 7%, what will be the future value of your investment?
7. If youwant $800,000 at the endof10^th year. What will be the amount you have to deposit at the end of each year to achieve that target. Annualinterest rateis 10%?
8. You are planning to buy a car, but your dream car doesn't fall into your budget. You plan to invest your monthly savings of 25,000 into a bank to buy a car. After 5 years with the annual interest rate of 12%, what amount you will get?
9. You want to grow your yearly investments to 4million after 5 years. Now what amount you have to deposit yearly so that you will achieve your target. Annual interest rate is 12.5%.
10. If you deposit $20,000 at the end of each year for8 years into an account with an annual interest rate of 7%, what will be the future value of your investment?

Answer rating: 100% (QA)

To calculate the future value of an investment you can use the formula for compound interest Future ... View the full answer