Keeley invested $9500 thirty years ago. Her investment has grown to $63,821.73. Determine the nominal rate of interest, compounded quarterly, that she received. Show all of your calculator entries below, including the correct answer.

You do not need to write the answer to this question on your paper as you will be entering all relevant information here.

N =

I/Y =

PV =

PMT =

FV =

P/Y =

C/Y =

The nominal rate of interest is %.

2.

Ted borrowed $8868 for 3 years and 10 months at 7.80% compounded monthly. Determine the accumulated value of his debt at the end of the loan period.