1 mr a is considering an investment that pays 680 percent, Ask an Expert

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1. Mr. A is considering an investment that pays 6.80 percent. How much will he have to invest today so that the investment will be worth $22,000 in six years?

Amount to be invested today=

2. Mr. A has asked you for a loan and has promised to pay back $9,000 at the end of three years. If you normally invest to earn 7 percent per year, how much will you be willing to lend to your brother?

Amount to be invested today=

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91418419

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