3.) Your 2 year investment of $5,300 earns 2.9% and is compounded annually. What will
your total return be?
Answer:
4.) You invested $100 at 8.2% which is compounded annually for 7 years. How much will
your $100. be worth in 7 years?
Answer:
5.) Your investment of $18,100 at 13.6% compounded quarterly for 71/2 years will be worth
how much?
Answer:
6.) You invested your allowance of $270 which gets 15% compounded annually for 3 years.
How much will you have in 3 years?
Answer:
7.) You gave your friend a short term 2 year loan of $43,000 at 3% compounded annually.
What will be your total return?
Answer:
VaR -
104 and is comnounded semi annually for 7 1/2 vears
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