Question
I NEED THIS DONE IN THE NEXT HOUR DONE CHOSE IF YOU CAN HELP ONLY FIVE QUESTIONS If you invest $51,000 today at 9% interest
I NEED THIS DONE IN THE NEXT HOUR DONE CHOSE IF YOU CAN HELP ONLY FIVE QUESTIONS
If you invest $51,000 today at 9% interest for 5 years, you will have $_________ in 5 years. (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g., 32.16))
Suppose your uncle invested $128,000 in an investment 5 years ago. The investment is worth now $237,500. The annual interest rate (rate of return) on the investment during this period must be ______% per year. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))
You're saving to buy a new truck that costs $35,000. You have $28,000 today that can be invested at your bank. The bank pays 4.9 percent annual interest on its accounts. It will be ______ years before you have enough to buy the truck.(Round your answer to 2 decimal places. (e.g., 32.16))
At 10.9 percent interest, it would take ______ years to double your money. (Round your answer to 2 decimal places. (e.g., 32.16)) Your Answer:
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