BUSN 380 DeVry Complete Problem Set Package
BUSN380
BUSN 380 DeVry Week 1 Problem Set 1
Problem Set 1 (Note: Some of these problems require the use of the time value of money tables in the Chapter 1 Appendix).
1. Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now?
2. At an annual interest rate of five percent, how long would it take for your savings to double?
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BUSN 380 DeVry Complete Problem Set Package
BUSN380
BUSN 380 DeVry Week 1 Problem Set 1
Problem Set 1 (Note: Some of these problems require the use of the time value of money tables in the Chapter 1 Appendix).
1. Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now?
2. At an annual interest rate of five percent, how long would it take for your savings to double?