(Solved): 1. What is the future value of $300 compounded for 7 years at 8% ? 2. Future value If you deposit $ ...

1. What is the future value of $\$300$ compounded for 7 years at $8\%$ ? 2. Future value If you deposit $\$17,000$ in a bank account that pays 12 percent interest annually, how much would be in your account after 3 years? 3. Present value What is the present value of a security that will pay $\$25,000$ in 15 years if securities of equal risk pay 5 percent annually? 4. Finding the required interest rate Your parents will retire in 18 years. They currently have $\$250,000$, and they think they will need $\$1,000,000$ at retiremen What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds 5. How long does it take to double your investment if you invest at a $14\%$ interest rate compounded annually? Solving for $\mathrm{N}$ (period) 6. an annual interest rate of $20\%$ how many years will it take to triple your investment? 7. How long does it take to double your investment if you invest at a $14\%$ interest rate compounded annually? 8. What is the future value of a 5 -year ordinary annuity with annual payments of $\$200$, evaluated at a 15 percent interest rate? 9. If a 5-year regular annuity has a present value of $\$1,000$, and if the interest rate is 10 percent, what is the amount of each annuity payment? 10. Prepare a loan amortization schedule in Excel using the following assumptions: - Amount borrowed-25,000 - Interest rate $-14\%$ - Repayment period-5 years - Equal payments made at the end of each year