Question: What will the present value be if, within 5 years, $ 5,000,000 is received at an effective annual rate of 15%? Calculate the future value

What will the present value be if, within 5 years, $ 5,000,000 is received at an effective annual rate of 15%?

Calculate the future value at the end of 10 years of an investment of $ 5,000,000 at an effective rate of 25% per year.

If Peter has deposited $ 250,000 into a savings account that earns 21% annual interest effective per year for 24 months, how much money will he have in his account at the end of the 24 months?

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