Question 7 Homework - Unanswered Suppose you deposited $4,000 in a savings account earning 2.3% interest compounding daily. How long will it take for the balance to grow to $10,000? Answer in years rounded to two decimal places. (eg, 2.4315 years --> 2.43) [Hint: The question is asking "how long", so this is a "solve for n" question. Note that interest is compounded non-annually.) Type your numeric answer and submit Unanswered 3 attempts left Submit Question 8 Homework. Unanswered If the applicable discount rate is 4.6%, what is the present value of the following stream of cash flows? Round to the nearest cent Cash Flow Year 1:$1,000 Cash Flow Year 2:$5,000 Cash Flow Year 3: $7,000 (Hint: You need to discount each cash flow separately to t=0 and then add them up. Be careful with n when finding the PV of each cash flow.) Type your numeric answer and submit Unanswered . 3 attempts left - Submit Question 9 Homework. Unanswered You plan to deposit $4,000 today, $2,000 in one year and $4,000 in two years into an account earning 2.6% interest. What will the account balance be in 4 years? Round to the nearest cent. (Hint: Find the FV of each cash flow separately as of t4 and sum them up. Careful with the n's.] Type your numeric answer and submit