Find the compound amount tor the deposit and the amount of interest earned. $18,000 at 6% compounded monthly for 16 years The compound amount after 16 years is 55D. (Do not round until the nal answer. Then round to the nearest cent as needed.) The following money market account rates were available from a particular bank. Find the compound amount and the interest earned. $76,000 at 0.95% compounded quarterly for nine years E> The compound amount is $|:|. (Do not round until the nal answer. Then round to the nearest cent as needed.) A company has agreed to pay $4.8 million in 5 years to settle a lawsuit. How much must it invest in an account paying 7% annual interest compounded monthly to have that amount when it is due? What is the interest rate per period? (Type an integer or decimal rounded to four decimal places as needed.) Someone decides to invest $18,000 in a money market fund that guarantees a 5.3% annual interest rate compounded monthly for 7 years. A one-time fee of $75 is charged to set up the account. In addition, there is an annual administration charge of 0.6% of the balance in the account at the end of each year. (a) How much is in the account at the end of the first year? (b) How much is in the account at the end of the seventh year? (a) At the end of the first year, the account will have $. (Do not round until the final answer. Then round to the nearest cent as needed.)