Two investments are made at the same time. The first consists of investing 1790 dollars at an annual rate of interest of 10.4 percent, compounded semiannually. The second consists of investing 1600 dollars at an annual rate of interest of 10.4 percent, compounded daily. How long will it take for the two investments to be worth exactly the same amount? (Assume compound interest at all times.) Answer = years. (Be sure to give several decimal places of accuracy!) If $600 is invested at 17% compounded monthly, what is the interest earned after: a) 6 years Interest earned = $ b) 7 years Interest earned = $ | How long do you need to invest your money in an account earning an annual interest rate of 4.14% compounded weekly so that your investment grows from $1,383.60 to $9,722.00 over that period of time? weeks (Note: Your answer should be an integer) Find the formula for f. 103) = Hint: Transform an exponential function with an integer base