1. If an investment increased from$15,000to$17,421in2years and6months and was compounded monthly,find the annual interest rate?

2. $12,000 is invested in the bank for 4years at 61/2%compounded daily (Bankers Rule).What is n=?

3. $12,000is invested in the bank for4years at61/2%compounded daily(Bankers Rule).What is i=?

4. $12,000is invested in the bank for4years at61/2%compounded daily(Bankers Rule).What will the investment be worth in4years?

5. For his 50th birthday, Baby Yodawill need $2000 for a down payment for a spaceship. He deposited $1500 in his savings account at 4.5% compounded monthly. What is the interest per period, i= ?

6.For his 50th birthday, Baby Yodawill need $2000 for a down payment for a spaceship. He deposited $1500 in his savings account at 4.5% compounded monthly. How long will it take Baby Yoda to have the $2000 down payment?