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pls help bus , JL UIUUIL UMUII uur suu buuulus, Wild TUUU UCIUW. The mterest is compounded daily. Minimum Deposit Term Length APY Average Percentage

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bus , JL UIUUIL UMUII uur suu buuulus, Wild TUUU UCIUW. The mterest is compounded daily. Minimum Deposit Term Length APY Average Percentage Yield Interest Rate $10,000 $10,000 $10,000 12 months 18 month 39 months 3.5% 4% 4% Withdrawals made after the first 7 days of account opening are subject to the Early Withdrawal Fee. Original CD Term Length Penalty Terms 3 months or less 1 months' interest Terms 3 months through 12 months 3 months' interest Terms 12 months through 24 months 6 months' interest Terms over 24 months 12 months' interest 1V. 4 pts- Calculations and results. Show all calculations and write all results in complete sentences. Be specific as possible. Suppose you want to save $20,000 in 5 years? How much does your initial investment need to be if the CD account is compounded daily at an interest rate of 4%? Suppose you would like to grow your $10,000 investment into $15,000 by placing it into a CD account that compounds daily at an interest rate of 4%. How long would it take for your investment to grow to your target among of $15,000? Note: After calculating your results, you may conclude that the time is too long. In this case, you might choose other investrients that are riskier. V. 4 Pts-Reflection. Write at least 4 sentences. c. Consider parts i-iii, discuss which investment seems like the best option given your financial obligations/spending habits and state your reason for your choice. Consider the length of time, penalties for early withdrawal and interest earned over time. Would you consider investing in a CD in real-life?" Why

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