An investment of $13,000 was growing at 3.75% compounded semi-annually. a. Calculate the accumulated value of this investment at the end of year 1. Round to the nearest cent b. If the interest rate changed to 4.25% compounded monthly at the end of year 1 , calculate the accumulated value of this investment at the end of year 5. Round to the nearest cent b. If the interest rate changed to 4.25% compounded monthly at the end of year 1 , calculate the accumulated value of this investment at the end of year 5. Round to the nearest cent c. Calculate the amount of interest earned from this investment during the 5-year period. Round to the nearest cent Calculate the future value of each of the following investments. Round the answers to the nearest cent If you want to have $11,250.00 in 6 years and 6 months, how much should you deposit today in an investment fund that is earning interest at a rate of 3.86% compounded quarterly? Round to the nearest cent On July 5 th, 2013, Joseph invested $15,000 in a fund that was growing at 6% compounded quarterly. a. Calculate the future value of the fund on March 3rd, 2014. Round to the nearest cent b. On March 3rd, 2014, the interest rate on the fund changed to 5% compounded monthly. Calculate the future value of the fund on February 9 th, 2015. An investment that has a maturity value of $3,400 and is discounted 3 years and 6 months before maturity at 1.10% compounded semi-annually. a. Calculate the discounted value of the investment. Round to the nearest cent, b. Calculate the amount by which the money is discounted. Round to the nearest cent If you want to have a million dollars 35 years from today, how much should you invest in your savings account that earns interest of 5.06% compounded monthly? Round to the nearest cent