1 pts Question 6 A merchant deposits $500 at the end of each tax year into an Individual Retirement Account paying interest at the rate of 8% per year, compounded annually How much will she have in her account at the end of 20 years? Question 7 1 pts Cart is the beneficiary of a $24,000 trust fund set up for him by his grand parents. Under the terms of the trust, he is to receive the money over a year period in equal installments at the end of each year. If the fund earns interest at the rate of 6% per year, compounded annually, what amount will he receive each year? Question 8 O pts On May 4, 2000. you invested 55,400 the investment rank of Skye Son which credits interest at the rate of Compande continuously ako se torce of interest issuming no other deposition with its Count that 2004