Future Value At age 25 you invest $1,300 that earns 7.75 percent each year. At age 30 you invest $1,300 that earns 10.75 percent per year. In which case would you have more money at age 60? 0 Both yield the same amount at age 60. 0 At age 25 invest $1,300 at 7.75 percent. 0 At age 30 invest $1,300 at10.75 percent. 0 There is not enough information to determine which case earns the most money at age 60. Solving for Rates What annual rate of return is implied on a $2,700 loan taken next year when $6,600 must be repaid in year 12? Solving for Rates What annual rate of return is earned on a $3,300 investment when It grows to $7,100 in nineteen years? Three Years Future Value What is the future value of $9,000 deposited for three years earning 8% interest rate annually? 0 $9.000 0 $11,337 0 $20,337 0 $2,337 Solving for Rates What annual rate of return is earned on a $3,000 investment when it grows to $6,500 in nine years