Question: Question 1 Explain the relationship between time and the rate of interest if you require $2,000 in the future but only have $1,500 today. Question

Question 1 Explain the relationship between time and the rate of interest if you require $2,000 in the future but only have $1,500 today. Question 2 When you were born, your parents opened an investment account in your name and deposited $2,000 into the account. The account has earned an average annual rate of return of 8 percent. Today, the account is valued at $21,735.34. How old are you

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