. What is the future value if $8,000 is invested for 10 years at 85% compounded semiannually? _ . - - -2. What lump sum should be deposited in an account that will earn 9% compounded quarterly to grow to $100,000 for retirement in 25 years? 3. Find the interest that will result if $10,000 is invested at 7% compounded continuously for 8 years Suppose an individual wants to have $200,000 available for her child's education. Find the amount that would have to be invested at 12%, compounded continuously, if the number of years until college is: 4. a. 7 years b. 14 years 5. How much more interest will be earned if $5,000 is invested for years at 7% compounded continuously, instead of at 7% compounded quarterly