Problem 3 How long must one wait to the nearest year) for an initial investment of $2,000 to triple in value if the investment eams 9% compounded annually? w9 som moothom vrtom uw broni SOC obowhome o n 000.00320 Problem 4 Write the present value of a perpetuity formula. 01 brood Obreno vo boy bolo mom world b Problem 5 A credit card account that charges interest at the rate of 3.00% per month would have an annually compounded rate of_ and an APR of_