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Question 14 (6.66 points) The Milken Company is offering you an investment that promises you $10,000 at the end of 7 years if you invest

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Question 14 (6.66 points) The Milken Company is offering you an investment that promises you $10,000 at the end of 7 years if you invest $ 6,792 today. What is the annual return on this investment? (Compute your answer as a percent rounded to 2 decimal places. Record without a percent sign. For example, record.0848765 = 8.48765% as 8.49) Your Answer: Answer ra Question 15 (6.76 points) Sam refuses to retire until his retirement account has a balance of at least $ 365,746. Sam refuses to make any more deposits in the account. The account currently has a balance of $ 139,865 and earns 6% per year, compounded semi- annually. How long does Sam have before he will retire? (You are computing number of years. Round your answer to one decimal place. For example, record 14.294 years as 14.3). Q: S a A: Se Your Answer: Q: Ses an pay A: See

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