Business Finance 16 Homework: Chapter 5 Homework Save Score: 0 of 1 pt 1 of 7 (0 complete) HW Score: 0%, 0 of 8 pt- P5-1 (similar to) Question Help (Related to Checkpoint 5.2) (Future value) To what amount will $5,000 invested for 8 years at 9 percent compounded annually accumulate? $5,000 invested for 8 years at 9 percent compounded annually will accumulate to $- (Round to the nearest cent.) 1 1 A m 10 -3 52 KI Udve Score: 0 of 1 pt 4 of 7 (0 complete) HW Score: 0%, 0 of 8 pts -5-13 (similar to) Question Help (Related to Checkpoint 5.5) (Solving for n) How many years will it take for $500 to grow to $1,090.49 if it's invested at 7 percent compounded annually? The number of years it will take for $500 to grow to $1,090.49 at 7 percent compounded annually is years. (Round to one decimal place.) 4 M Oper lupol J TIUMEWUIR Save Score: 0 of 1 pt 5 of 7 (0 complete) HW Score: 0%, 0 of 8 pts P5-14 (similar to) 5 Question Help (Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would $480 have to be invested for it to grow to $1,999.64 in 15 years? The annual interest rate, compounded annually, at which $480 must be invested for it to grow to $1,999.64 in 15 years is %. (Round to two decimal places.) 8 51 51 SA om $5 510 $3 $2 88 -X By provide automate My Te Solus Operatior