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Question 18 1 pts Lori Willis plans to invest for retirement, which she hopes will be in 25 years. She is planning to invest $23,000
Question 18 1 pts Lori Willis plans to invest for retirement, which she hopes will be in 25 years. She is planning to invest $23,000 today in U.S. Treasury bonds that will earn interest 5.0 percent annually. How much will she have at the end of 25 years? (Round to the nearest dollar.) O $77,886 $68,870 O $81,044 O $61,026 Question 19 1 pts Richard McLean wants to invest $4,100 in an account paying 5 percent compounded quarterly. What is the interest on interest after five years? O $695.98 $923.55 O $131.35 O $112.13
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