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How many years it will take to grow your money from \$3,807 to \$7,653 if you can earn an interest of 17% compounded monthly? Note: Do not write “years” in your answer. Simply write the number in the answer box.

026:Say, you deposit \$3,953 in a bank for 17 years. What is the amount you will have in the bank at the end of 17 years if interest of 7 % for first 7 years and interest of 6 % for the remaining years? Note: Do not put \$ sign in your answer. Simply write the number in the answer box.

How many months it will take to grow your money from \$3,749 to \$7,352 if you can earn an interest of 6% compounded monthly? Note: Do not write “months” in your answer. Simply write the number in the answer box.

027:Say, you deposit \$3,531 in a bank for 17 years. What is the amount you will have in the bank at the end of 17 years if interest of 6 % compounded monthly for first 8 years and interest of 7 % compounded quarterly for the remaining years? Note: Do not put \$ sign in your answer. Simply write the number in the answer box.

If you receive \$308 at the end of each year for the first three years and \$825 at the end of each year for the next three years. What is the present value? Assume interest rate is 4%.

Hint: This is an uneven cash flow problem. Use the CF function and solve for NPV to get the answer.
Just enter the number up to 2 decimal points. Do not enter \$ in the answer box.

Assume interest rate of 9%. A company receives cash flows of \$97,052 at the end of years 4, 5, 6, 7, and 8, and cash flows of \$229,073 at the end of year 10. Compute the future value of this cash flow stream.

Do not enter the symbol \$ in your answer. Simply enter the answer rounded off to two decimal po

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