7.Assuming monthly compounding, how much money would be withdrawn at maturity (10 years)? .

r = (1 + 0.0430/12)^(1/12) - 1 = 0.003486

Let A be the amount of money withdrawn at maturity after 10 years. Then, the future value of the $50,000 investment can be calculated as: A = 50000(1 + r)^(12*10) = 74,270.09

8. Use the same formula from \#7 to complete the table and create a bar graph showing the value over the next 10 years from t=1 to t=10. Make sure to show your formulas and calculations to justify the values