Question 4 5 pts Suppose that the growth of money is governed by 9% simple interest. Find the amount needed to invest in order to have a balance of P 14,685,416 20 years from now. Question 5 5 pts Suppose you invested P 629,774 in a fund earning 9% simple interest annually. After 4 years, you have the option of moving your money to an account that pays at an annual effective rate of 6 % compound interest. If you wish to withdraw in 10 more years, determine the net benefits of staying your money in the simple interest account Question 6 5 pts Mr. Business Finance inherited P 3,248,856, He deposited it in a five-year investment paying 7 % nominal interest compounded. At the end of five years, he decided to renew the investment for another five years at the current nominal interest rate compounded of 9 %. Find his return on investment at the end of his investment's maturity. PIC.COLLAGE