compounded monthly?

2. You need $1000000 in seven years, how much must you deposit today in an account that 8% interest, compounded semi-annually. pays 577,475.08 A=P(1+r/200) 2n. 1000000 = P(1.08/200)'4 1.79212 P= 1000000 +1.79272-557,811.59 3. If you inherited $25,000 today and invested all of it in a security that paid a 10% rate of return compounded monthly, how much will you have in 25 years? 301,124.8 40) 12