18) Your father gave you a gift of $20,000 for good behavior and you wanted to invest in the stock market. How much will your investment grow in five years, assuming that you earned 8% each and every year?
19) How much is eight $2000 payments worth to us today discounted at 7%?
20) What is the present value of $50,000 discounted at 15% for 10 years?
21) If I made seven, $1000 payments into a 401(k) account, how much would my account be worth after 20 years if I made 13% a year during that investment?
22) What is the value of a $100 investment that earned 6% per year for five years?