5.22 Multiple compounding periods: Samantha is looking to invest some money, so she can collect $5,500 at the end of three years. How much should she invest today? 4.2 percent compounded daily b. 4.9 percent compounded monthly C. 5.2 percent compounded quarterly 5.4 percent compounded annually a. 5.24. Time to grow: You are able to deposit $850 in a bank CD today, and you will withdraw the money only once the balance is $1,000. If the bank pays 5 percent interest, how long will it take you to attain your goal