Please show your work. If you don't show your work, you will not get credit. You can put the number next to the function in your submission. For example, FV = 150,000, PV = 250,000, i = 10%, and n = 5. Questions, let me know. If you do not show your work, no credit.
At what annual interest rate must $345,000 be invested so that it will grow to be $1,520,000 in 25 years?
How many years will it take for $56,000 to grow to be $500,000 if it is invested in an account with an annual interest rate of 11%?
What will $15,000 grow to be in 35 years if it is invested today in an account with an annual interest rate of 12%
If you wish to accumulate $1,250,000 in 28 years, how much must you deposit today in an account that pays an annual interest rate of 4%?
At what annual interest rate must $92,000 be invested so that it will grow to be $742,000 in 18 years?
How many years will it take for $89,000 to grow to be $523,000 if it is invested in an account with an annual interest rate of 15%?