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9. If Kay invests $28,500 in an account that earns 5.25% compounded quarterly, how long until Kay has $40,000 in the account? N= PV=PMT=FV=P/C=C= I= quarters, which is approximately years (round to wholo number) (round to 1 decimal place) 10. Joe borrows $25,000 and is making biweekly payments on a loan that charges 3.89% interest compounded biweekly. After 12 biweekly payments of $500, how much does Joe still owe? N= PV= FV= 1= PMT = P/Y=C/Y= 11. In order to save $5,000 for a trip to Europe, Reuben plans to deposit $600 at the end of every 6 months into an account earning 4.3% compounded semiannually. How long will it take? N= PV= FV= 1= PMT= P/Y=C/Y= 6-month periods, which is approximately years (round to whole number)