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CALCULATOR PRINTER VERSION BACK Brief Exercise 6-01 Chris Spear invested $15,000 today in a fund that earns 8% compounded annually. Click here to view factor

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CALCULATOR PRINTER VERSION BACK Brief Exercise 6-01 Chris Spear invested $15,000 today in a fund that earns 8% compounded annually. Click here to view factor tables To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years of the fund earns 8% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to o decimal places, e.g458,581.) Investment at 8% annual interest Investment at 8% annual interest, compounded semiannually $ Click if you would like to Show Work for this question: Open Show Work Brief Exercise 6-03 Candice Willis will invest $30,000 today. She needs $150,000 in 21 years. Click here to view factor tables What annual interest rate must she earn? (Round answer to o decimal places, e.g. 7%.) Interest rate %

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