Question 5 4 pts Kristina plans to invest $1,000 today; she wants to know to what amount her investment will grow in 15 years if she earns 16% interest compounded annually? O $9,265.52 $12, 123.56 O $8,213.45 O $10,519.23 Question 6 4 pts Five years ago, Brian had invested $14,850 in a growth fund. The investment is worth $22,000 today. If the interest was compounded annually, what is the annual rate of return earned on the investment? O 7.30% 8.18% 9.50% O 10.80% O 11.75% Question 7 4 pts If the interest rate is 8%, compounded annually, what is the present value of $8,200 due to be received in 12 years? O $3,068.21 $3,256.33 & O $3,552.45 $3,688.64 Question 8 4 pts If Rachel invests $1700 today in an account that pays 6% compounded annually, how long will it take for her to accumulate $6,500 in her account? o 23.02 years O 18.50 years 18.50 years O 16.89 years