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In the the Yor periad Find the term of the compound interest loan. (Round your answer to two decimal places.) 5.9% compounded quarterly to obtain $8600 from a principal of $2000. yr o Show My Work (optionall Use the "rule of 72" to estimate the doubling time (in years) for the interest rate, and then calculate it exactly. (Round your answers to two decimal pl 4% compounded annually. "rule of 72 exact answer E Show My Work (optional) 9. t points 1 2 2009 Find the effective rate of the compound interest rate or investment. (Round your answer to two decimal places.) 21% compounded monthly, [Note: This rate is a typical creditcard interest rate, often statedas 1.3% per month.] 16 BesrFinMath1 2.4.001 Calculate the present value of the annuity. (Round your answer to the nearest cent.) $13,000 annually at 7% for 10 years. show My Work (optonan 17. -1 points BerrFinMath1 2.4.003. Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Monthly payments on $130,000 at 4% for 25 yea rs. a Show My Work (optional 18. 1 points BerrFinMath 1 2.4.004 Determine the payment to amortize the debt. (Round your ansier to the nearest cent.) Quarterly payments on 519,500 at 3.6% for 6 years Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 5 years of monthly payments on S 150,000 at 3% for 25 years. The super prize in a contest is $s10 million. This prize will be paid out in equal yearly pavments over the next 25 years. If th the contest is announced 1 year before the first payment, how much do the contest sponsors have to deposit in th e escrow account? (Round your answer to the nearest cent) Show My Work (optional In the the Yor periad Find the term of the compound interest loan. (Round your answer to two decimal places.) 5.9% compounded quarterly to obtain $8600 from a principal of $2000. yr o Show My Work (optionall Use the "rule of 72" to estimate the doubling time (in years) for the interest rate, and then calculate it exactly. (Round your answers to two decimal pl 4% compounded annually. "rule of 72 exact answer E Show My Work (optional) 9. t points 1 2 2009 Find the effective rate of the compound interest rate or investment. (Round your answer to two decimal places.) 21% compounded monthly, [Note: This rate is a typical creditcard interest rate, often statedas 1.3% per month.] 16 BesrFinMath1 2.4.001 Calculate the present value of the annuity. (Round your answer to the nearest cent.) $13,000 annually at 7% for 10 years. show My Work (optonan 17. -1 points BerrFinMath1 2.4.003. Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Monthly payments on $130,000 at 4% for 25 yea rs. a Show My Work (optional 18. 1 points BerrFinMath 1 2.4.004 Determine the payment to amortize the debt. (Round your ansier to the nearest cent.) Quarterly payments on 519,500 at 3.6% for 6 years Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 5 years of monthly payments on S 150,000 at 3% for 25 years. The super prize in a contest is $s10 million. This prize will be paid out in equal yearly pavments over the next 25 years. If th the contest is announced 1 year before the first payment, how much do the contest sponsors have to deposit in th e escrow account? (Round your answer to the nearest cent) Show My Work (optional