"Time value of money "
1) If you invest $ 9500 per period for the following number of periods, how much would you have?
a) 10 years at 10%
b) 15 years at 9 %
2) Mrs. Crawford will receive $9600 a year for the next 18 years from her trust . If a 12% interest rate is applied, what is the current value of the trust?
3) You invest $15000 in a rae, mint condition coin. You expect the coin to increase in value 12% per year for the next 10 years. How much will your coin be worth after 10 years?