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Galaxy Company has added a crypto fund. The high-risk fund will earn a significant risk-reward return rate of 24% per year, compounded monthly. Find how

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Galaxy Company has added a crypto fund. The high-risk fund will earn a significant risk-reward return rate of 24% per year, compounded monthly. Find how long it will take $ 12000 invested in this fund to grow eightfold (x O a. 9.57 years O b. 11.64 years O c. 7.41 years O d. 5.79 years O e. 5.83 years On September 1, 2010, you decided to put $ 16000 in a money market fund. On March 1, 2015, you deposit another $ 18000 and on January 1, 2018, you added another $18000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on January 1, 2018, just before the third deposit. O a. $ 54735.21 O b. $ 49145.75 O c. $54889.72 O d. $ 54185.97 O e. $53408.00 On September 1, 2010, you decided to put $ 16000 in a money market fund. On March 1, 2015, you deposit another $ 18000 and on Jan 1, 2018, you added another $ 18000. This fund pays interest at the annual rate of 7.2%, compounded monthly. Find the future value of the fund on January 1, 2019, one year after the third deposit. O a. $72143.01 O b. $78150.63 O c. $78280.20 d. $74511.69 O e. $76127.77 A downtown bank promises its potential employees a $9000 sign-on bonus, an additional bonus of $ 13000 two years from now, an additional bonus of $19000 four years from now, and an additional bonus of $ 23000 six year from now. Lavanya was hired today but only intends to work for this bank for three years. What is the present valu of this bonus payment structure to her? (Assume that money is worth 8% p.a. compounded quarterly) O a. $ 20449.97 O b. $ 19411.07 O c. $ 20235.80 O d. $ 20095.37 Oe. $ 18235.66

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