1 year(s) ago, Mack invested 5,930 dollars. In 1 year(s) from today, he expects to have...

1 year(s) ago, Mack invested 5,930 dollars. In 1 year(s) from today, he expects to have 8,330 dollars. If Mack expects to earn the same annual return after 1 year(s) from today as the annual rate implied from the past and expected values given in the problem, then how much does Mack expect to have in 5 years from today?

3 year(s) ago, Carl had 241,900 dollars in his account. In 9 year(s), he expects to have 357,800 dollars. If he has earned and expects to earn the same return each year from 3 year(s) ago to 9 year(s) from today, then how much does he expect to have in 1 year(s) from today?

1 year(s) ago, Fatima invested 6,040 dollars. In 2 year(s) from today, she expects to have 7,660 dollars. If Fatima expects to earn the same annual return after 2 year(s) from today as the annual rate implied from the past and expected values given in the problem, then in how many years from today does she expect to have exactly 10,970 dollars? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 1 year ago

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