An investment company owns land now worth $500,000 that is increasing in value each year. If the land value doubles in 7 years, what is the yearly rate of return nearest to? (a) 0.0%        (b) 2.0%        (c) 7.0%          (d) 10.5%

Find the present worth of an investment that starts at $8000 in year 1 and increases by 10% each year through year 7, if the interest rate is 10% per year compounded continuously.

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You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts ofInvestment Rate Times Value at the Endof the Period $9,000     20% 16 years $fill in the blank 1 $13,000     15% 11 years $fill in the blank 2 $16,000     12% 6 years $fill in the blank 3 $35,000     10% 4 years $fill in the blank 4