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Problem 5-2 (similar to) (Compound interest) To what amount will the following investments accumulate? a. $5,000 invested for 8 years at 11 percent compounded annually

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Problem 5-2 (similar to) (Compound interest) To what amount will the following investments accumulate? a. $5,000 invested for 8 years at 11 percent compounded annually b. $7,800 invested for 6 years at 7 percent compounded annually c. $765 invested for 13 years at 11 percent compounded annually d. $21,000 invested for 6 years at 4 percent compounded annually a. To what amount will $5,000 invested for 8 years at 11 percent compounded annually accumulate? (Round to the nearest cent.)

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