Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 3 of 12 complete HW Score: 14.55%, 727 of 50 p X P5-3 (similar to) Question Help Related to The Business of Life: Saving for Your First House) (Future value) You are hoping to buy a house in the future and recently received an inheritance of $18,000. You intend to use your inheritance as a down payment on your house If you put your inheritance in an account that cams 8 percent interent compounded annually, how many years will be before your inheritance grows to $35,000? & How long will take your money to grow to $35,000 if you move into an account that pays 3 percent compounded analy? How long will take your money to grow to $35,000 if you move it into an account that pays 12 percent d. What does this tell you about the relationship among interest rates, time, and future sums? . If you put your inheritance in an account that come 8 percent interest compounded annually, how many years will be balore your inheritance grows to $35,000? years (Round to one decimal place) b. you let your money grow for 5 years at 8 percent, how much will you have? (Round to the nearest bent.) Enter your answer in the answer box and then click Check Answer 3 remaining Clear Check MacBook Air Ong O A 2 $ 4 3 % 5 & 7 SBB 6 8 9 0