How long will it take a $85,900 investment to grow to $123,760 if money earns 3.51% compounded monthly? Use I/Y=3.51, P/Y=12, PMT=0. Input N in the Answer box; input years and months in the second box, rounding up to the next month. e.g. Answer: 6.78; units: 3 years 5 months Your Answer: Answer units

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How much will $3,000 invested at the end of each year grow to in 4 years, assuming an interest rate of 11% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $1). Multiple Choice $13,663 $14,129 О $12,729 $13,200

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You put $53,330 into an investment account that earns 10.6% compounded semi- annually for the first 8 years; and 7.3% compounded monthly for the next 2 years. In your rough work, it may be helpful to draw a timeline. Input all calculator values, show dollar amounts with 2 decimals, ex.: 1234.56 Part 1: How much will be in the investment account after the first 8 years? N= 1/Y = P/Y = PV = FV = 1.325 53330 I A A A A

Assume today is January 1 and you plan to invest $4,000 today in an account earning interest of 6% compounded semi-annually. You would like to calculate the amount your investment will grow to three years from now.Question: What should be the correct "n" and "i" to use for factor table purposes in order to answer your question?

If an investment of $1147.00 earned interest of $252.00 at 7.5% compounded quarterly, for how many years and months was the money invested? State youin years and months (from 0 to 11 months) Need only handwritten solution only (not typed one).

General Instruction: Use Yellow paper for your computation and answer. Task 1. Compute the interest of the following: 1. P25,000 at 6% simple interest for 1 year. 2. P30,000 at 9.5% simple interest for 90 days. 3. P60,000 at 12.5% simple interest for 2 years and 6 months.

Suppose an individual makes an initial investment of $1,400 in an account that earns 7.0%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to 50). (Round your answers to the nearest cent) (a) How much is in the account after the last deposit is made? (b) How much was deposited? 1 (e) What is the amount of each withdrawal? (0) What is the total amount withdrawn? - 3 Need Help?

How long vwill it take an investment to triple if it earns: a.9.4% compounded annually? (Do not round your Intermedlate calculatlons and round your answer to the nearest month.) will triple in Tyears and months. b. 8.4% compounded quarterly? (Da not round your Intermedlate colculations and round your answer to the nearest month.) Will triple in Tyears and months. ut