Question: help answering please Question 1 (2.5 points) How much will $1000 invested today be worth in 8 years given an interest rate of 5%? (Hint:

help answering please

Question 1 (2.5 points) How much will $1000 invested today be worth in 8 years given an interest rate of 5%? (Hint: remember the formula for future values from Week 11-class18 PPT slide file.) 2050 1224 1400 1478 Question 2 (2.5 points) Internal Rate of Return (IRR) is always greater than the interest rate. True False

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