Question:
a. You invest $12,000 today at 9 percent per year. How much will you have after 15 years?
b. What is the current value of $100,000 after 10 years if the discount rate is 12 percent?
c. You invest $2,000 a year for 20 years at 11 percent. How much will you have after 20 years?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references. Provide step by step solutions for the above question.