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ro suppo,se that you invest $7500 in an account that earns snterest at monthly. Determine the accumulated balance after eight years. an APR of 4.7%,

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ro suppo,se that you invest $7500 in an account that earns snterest at monthly. Determine the accumulated balance after eight years. an APR of 4.7%, compounded 17. Suppose that you want to have Ss5,000 in a college fund for your daughter after 18 years. How mu clh will you need to invest now if you can obtain an APR of 4.8%, compounded continuously? Assur n that no additional deposits are to be made 18 Your savings account pays an APR of 4.8% compounded an nually. If you deposit $400 at the end of ch vear for 8 years, what will be the accumulated balance in the account

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