answer questions 10-13

You have $3,000 in an account earning 4% compounded weekly. How many weeks until your balance grows to $15,000? Answer in weeks, rounded to one decimal place. QUESTION 11 You plan to make weekly deposits of $121 into an account at the beginning of each week for the next 10 years. If you can earn a weekly interest rate of 0.09%, what will your final balance be by the end of year 107 Round to the nearest cent. QUESTION 12 Suppose you take out a $27,000 5-year balloon loan from a bank at an interest rate of 9.5%. What will be the balloon payment at the end of the loan term? Round to the nearest cent. QUESTION 13 A zero-coupon band has a face value of $1,000 and matures in 28 years. Yield to maturity is 5.1%. How much is this bond worth? Round to the nearest cent