If an asset declines in value from $5,000 to $3,500 over eight years, what is the mean annual growth rate (as a percent) in the asset's value over these eight years? (Round your answer to four decimal places.)

Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.) Principal NominalRate (%) InterestCompounded Compound InterestEarned in 1 Year Annual PercentageYield (APY) $32,000 12 monthly $   %

In 1998 the annual cost of attending a public college was $10,069, and the costs were climbing by 6% per year.  If the percent growth rate continues to remain steady, how much will a year of college cost in 2020?

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The equivalent present worth (P) of the cash flow in the accompanying diagram, where i =4% compounded annually is closest to:

Give your answer as a percentage, accurate to three decimal places.Over the first five years your investment has the following yearly rates of return:          7%      8%      3%      -5%      4%                  What is your total return over these five years?      %     What is your average rate of return over these five years?

A-D

Suppose that a firm's sales were $3,750,000 five years ago and are $5,250,000 today. What was the geometric mean growth rate in sales over the past five years?