13. What is the future value of $1,700 in 20 years assuming an interest rate of 7 percent compounded semiannually?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

14.Fowler Credit Bank is offering 6.9 percent compounded daily on its savings accounts. You deposit $5,300 today.

How much will you have in the account in 4 years?(Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

How much will you have in the account in 12 years?(Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

How much will you have in the account in 19 years?(Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Future value$

15.An investment will pay you $42,000 in 12 years. If the appropriate discount rate is 6.9 percent compounded daily, what is the present value?(Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value$