You are considering an investment in venture capital that will return nothing in the
first three years, $50,000 in the fourth year and $400,000 a year in perpetuity
after that. What is the present value of the investment, given an interest rate of
8% per annum? $3711900.76
You want to buy a $10,000 car and have it paid off in 1.5 years. How much are
your monthly repayments assuming the current rate is 10% compounded
monthly? $600.57