Linda Roy received a $201,000 inheritance after taxes from her parents. She invested it at 4.5% interest compounded quarterly for 4 years. A year later, she sold one of her rental properties for $211,000 and invested that money at 3.5% compounded semiannually for 3 years. Both of the investments have matured. She is hoping to have at least $501,000 in 8 years compounded annually at 2.5% interest so she can move to Hawaii.

Future Value of Inheritance Investment: $

Future Value of Rental Property Investment: $

Present Value of Final Investment: $

Future Value of Final Investment: $

Will she meet her goal?

	Yes
	No