13. In 1990, a company purchased 1000 shares in Wind-Co, a wind turbine company in Germany....

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13. In 1990, a company purchased 1000 shares in Wind-Co, a wind turbine company in Germany. The shares were purchased for $13.55/share. In 2010, they sold them for $24.20/share and reinvested the entire amount in an investment at 4.25% interest, compounded annually. a) What was the total amount of money earned from the sale of the Wind-Co shares in 2010? b) What is the Total ROI (Return on Investment) expressed as a percentage after the sale of these shares? c) What is the equivalent Annual ROI on these shares? Note: Use the Total ROI from b). d) What will the value of the investment be at the end of 2030? TVM N= SOLVER 1%= PV= PMT= FV= P/Y= C/Y= e) By how many times will the original investment of $13.55 x 1000= $13550 have grown over the 40 years from 1990 to 2030? Show your work. 13. In 1990, a company purchased 1000 shares in Wind-Co, a wind turbine company in Germany. The shares were purchased for $13.55/share. In 2010, they sold them for $24.20/share and reinvested the entire amount in an investment at 4.25% interest, compounded annually. a) What was the total amount of money earned from the sale of the Wind-Co shares in 2010? b) What is the Total ROI (Return on Investment) expressed as a percentage after the sale of these shares? c) What is the equivalent Annual ROI on these shares? Note: Use the Total ROI from b). d) What will the value of the investment be at the end of 2030? TVM N= SOLVER 1%= PV= PMT= FV= P/Y= C/Y= e) By how many times will the original investment of $13.55 x 1000= $13550 have grown over the 40 years from 1990 to 2030? Show your work.