Your rich aunt has promised to give your $7700 in 3 years. How much should you be willing to receive today (in lieu of the $7700 in 3 years) if you can earn 7% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56) Answer: Sam I Am invests $156,000 today at 11% per annum, compounded quarterly. What will the balance of Sam's investment be in 7 years? (Round your answer to the nearest penny.) Answer: Q Fir