Question: Question 1 (5 points) How much would you expect to have in 16 year(s) assuming you deposited $80,397 in an investment that will earn 6%.

Question 1 (5 points) How much would you expect to have in 16 year(s) assuming you deposited $80,397 in an investment that will earn 6%. Round answer to the nearest penny. Your Answer: Answer Question 2 (5 points) If your friend will invest $24,517 at an interest rate of 12% for 5 year(s) how much will she have when the investment matures. Round answer to the nearest penny. Your Answer: Answer Question 3 (5 points) If you save $97,354 in an account that earns an interest rate of 6% how much will you have in 27 year(s)? Round answer the nearest penny. Your Answer: Question 4 (5 points) Today you invest $30,061 at an interest rate of 6%. If you leave the investment to grow for 28 year(s) how much will it total. Round answer to the nearest penny. Your Answer: Answer Question 5 (5 points) In 6 year(s) you want to buy a new car. If you can earn 8% on an investment how much will you have for your down payment if you invest $81,348 today. Round answer to the nearest penny. Your

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