Question
I could really use your help this is for a final grade! Thank you so much!! Donald Spear invested $17,000 today in a fund that
I could really use your help this is for a final grade! Thank you so much!!
Donald Spear invested $17,000 today in a fund that earns 8% compounded annually. Click here to view factor tables To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)
Investment at 8% annual interest | $enter a dollar amount rounded to 0 decimal places | |
---|---|---|
Investment at 8% annual interest, compounded semiannually | $enter a dollar amount rounded to 0 decimal places |
Maria Willis will invest $32,200 today. She needs $259,606 in 20 years. Click here to view factor tables What annual interest rate must she earn? (Round answer to 0 decimal places, e.g. 7%.)
Interest rate | enter Interest rate in percentages rounded to 0 decimal places | % |
John Newman will invest $9,920 today in a fund that earns 3% annual interest. Click here to view factor tables How many years will it take for the fund to grow to $13,732?
Years | enter a number of years |
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