1. Kendall is investing $3,333 today at 3 percent annual interest for three years.Which one of the following will increase the future value of that amount?

3. Anne plans to save $40 a week, starting next week,for ten years and earn a rate of return of 4.6 percent, compounded weekly. After the ten years, she will discontinue saving and invest her account at 6.5 percent, compounded annually. How long from now will it be before she has accumulated a total of $50,000?

4.A preferred stock offers a rate of return of 5.45 percent and sells for $78.20? What is the annual dividend amount?

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