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27. What is the future value of $100 invested at the beginning of every month for 25 years if the investments earn: a) 6% compounded

27. What is the future value of $100 invested at the beginning of every month for 25 years if the investments earn: a) 6% compounded monthly? b) 8% compounded monthly?

28. Svetlana intends to invest $1000 at the beginning of every six months. If the investments earn 7% compounded semi-annually, what will her investments be worth (rounded to the nearest dollar) after: a) 25 years? b) 30 years?

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