Thirty years ago, you invested $76,674. If you earned a compound annual rate of return of 13.00%, how much is your investment worth today?
Question 3 options:
1,642,889
2,003,556
1,929,443
2,999,172
2,441,379
Assuming a required return of 8%, how much would you be willing to pay for an investment that pays you and your heirs $100,000 per year in perpetuity?
Question 4 options:
$1,250,000
$2,000,000
$1,175,000
$1,500,000
$1,750,000