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Suppose you deposit $810 today in an account paying 8% annual compound interest. After how many years can you get $1821 ? Round your answer
Suppose you deposit $810 today in an account paying 8% annual compound interest. After how many years can you get $1821 ? Round your answer to 2 decimal places. Question 9 Suppose you deposit $21500 today in an account paying 11% annual compound interest. After how many years can you get $430258 ? Round your answers to 2 decimal places. Question 10 Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Round your answer to 3 decimal places
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