4.Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?

5.Ellen now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? (Points : 2)

3. Chuck has $2,500 invested in a bank that pays 4% annually. How long will it take for his funds to double? (Points : 2)

14.39

2. You plan to invest in securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20? (Points : 2)

1.You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for your investment to grow to $30,000? (Points : 2)