How long will it take money to quadruple if it is invested at 7% compounded semiannually? 7.1% compounded continuously? It will take about years at 7% compounded semiannually. (Round to two decimal places as needed.)What will a $140,000 house cost 8 years from now if the price appreciation for homes over that period averages 4% compounded annually? The future cost of the house will be $ (Do not round until the final answer. Then round to the nearest cent as needed.)Rental costs for office space have been going up at 9.8% per year compounded annually for the past 5 years. If office space rent is now $29 per square foot per month, what were the rental rates 5 years ago? The rates 5 years ago were about $ per square foot. (Round to two decimal places as needed.)A promissory note will pay $48,000 at maturity 13 years from now. If you pay $25,000 for the note now, what rate compounded continuously would you earn? The investment would earn about % compounded continuously. (Round to three decimal places as needed.)An Individual Retirement Account (IRA) has $9,000 in it, and the owner decides not to add any more money to the account other than interest earned at 5% compounded daily. How much will be in the account 38 years from now when the owner reaches retirement age? There will be $ in the account. (Round to the nearest cent. Use a 365-day year.)