1. For positive interest rates, the future value interest factor is 2.The basic prize they equates the...
Question:
1. For positive interest rates, the future value interest factor is
2.The basic prize they equates the demand for supply of loanable funds in a financial markets are
3. If $1000 were invested now for two years, what would the value be if the bank offered a 10% interest rate compounded semiannual?
4. What is the future value of $500 deposited for one year earning a 8 percent interest rate annually?
5. The future value of $200 received today and deposited at 8 percent for three years is
6. What is the present value of a 200 payment in a year when the discount rate is 7 percent?
7. At age 30 you invest $1000 that earns 8 percent each year. How much will you have at 60?
7b. At age 40 you invest $1000 that earns 12 percent per year. How much money will you have at age 60?
8. Approximately what interest rate is needed to double an investment over five years?
9. At age 25, you invest $1,500 that earns 8 percent each year. How much money will you have at age 65?
9b. At age 40 you invest $1,500 that earns 11 percent per year. How much money will you have at 65?