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If you invest 10,000 is invested on Feb 10th into an account that pays 13% compounded daily. What date will the investment be worth $10,500?

If you invest 10,000 is invested on Feb 10th into an account that pays 13% compounded daily. 


What date will the investment be worth $10,500? Use banker's rule.


 A estate leaves $700,000 to three children ages 11, 17, 20. 

Each child is to receive the same amount at age twenty-five.


How much each receive if fund is invested at 6.5% interest compounded quarterly. 

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