Attempt 1 Question 21 (0.5 points) How much money must you invest today in order to grow to a value of $65,000 in 5 years if your money grows at 5%? Your Answer: Answer Question 22 (0.5 points) You have $14,000 in your account that you want to grow to triple that amount in 40 years. What annual rate of return is necessary to reach your goal? (Note: Enter your answer is a decimal, not a percentage. For example, enter .0452 instead of 4.52%) Your Answer: Answer Question 23 (0.5 points) Answer 3 Question 23 (0.5 points) How many months will it take you to pay off a loan of $14,000 at 7% APR compounded monthly if you make monthly payments of $575? Your Answer: B Answer Question 24 (0.5 points) If you deposit $7,000 in a 5-year certificate of deposit earning 2.6% per year, how much will it be worth in five years? 13 Your Answer: Answer Question 25 (0.5 points) If you deposit $6,000 in a 5-year certificate of deposit earning 2.1% with quarterly compounding, how much will it be worth in five years? Your