time value Online Test

I have $5 today. how much it wil grow in 5 years @5% p.a.?


Today, you earn a salary of $36,000. What will be your annual salary twelve years from now if you earn annual raises of 3.6 percent?


Forty years ago, your mother invested $5,000. Today, that investment is worth $430,065.11. What is the average annual rate of return she earned on this investment?


Some time ago, Julie purchased eleven acres of land costing $36,900. Today, that land is valued at $214,800. How long has she owned this land if the price of the land has been increasing at 10.5 percent per year?


Your father invested a lump sum 26 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51,480.79. How much did your father originally invest?







Description:

time value of money in finance

Discussion

Shravan

The system answers are incorrect. Please correct it

1424 days 15 hours 7 minutes ago

Kaustabh Basu
Academic Expert
User
Test: 1

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