Your grandma invested some money 64 years ago into an account earning 1.82% per year, compounded quarterly.  She now has $18474 in her account Round to the penny.   How much money did your grandam invest 64 years ago? $          2.How much interest did she earn on the investment? $

Elena purchased a stamp collection for $8,250 five years ago. If it appreciated 7.4% annually, what is it worth today? (Keep 2 decimal places)

Ben invested $7,500 twenty years ago with an insurance company that has paid him 6 percent simple interest on his funds. Charles invested $7,500 twenty years ago in a fund that has paid him 6 percent interest, compounded annually. How much more interest has Charles earned than Ben over the past 20 years?

Your mom just checked on findmassmoney.gov and found out that she has unclaimed property that is worth $3015.54 today.  She figured out that she had invested $866 years ago and she calculated that she earned a return of 28.08% on her money.  How many years ago did your mom invest that money? Include up to 2 decimal places.

Judy was givin $3000 to invest that would last 8 years. $1050 earned exponentially at a rate of 3.2% anually, $1950 earned 2.8% annual interest compounded biannually (twice a year). What is her balance after 8 years?

Annette has just inherited $180,000. She invests this money at a rate of return of 6.47% per year compounded quarterly. After some period of time, she purchases an annuity that pays $2851 at the beginning of each month for 20 years.   What monthly compounded rate of interest is equivalent to 6.47% compounded quarterly?

Four years ago, Leroy invested $12,600.00. Today, he has $20,700.00. If Leroy earns the same annual rate implied from the past and current values of his invsetment, then in how many years from today does he expect to have exactly $50,600.00 O 7.20 years (plus or minus 0.05 years) 7.57 years (plus or minus 0.05 years) O 6.25 years (plus or minus 0.05 years) 11.20 years (plus or minus 0.05 years) None of the above is within .05 percentage points of the correct answer

Mr. Nailor invests $21,000 in a money market account at his local bank. He receives annual interest of 7% for 6 years. How much return will his investment earn during this time period? Use Appendix A. (Round "FV Factor" to 3 decimal places.) $10,521 $29,205 $31,521 $13,986

Ten years ago, Jane deposited $5,500 into her savings account. Five years later, she added an additional $2,500 to her account. During the first 5 years, her account earned an interest rate of 6.5 percent compounded annually, while the last 5 years saw her account earn 5.0 percent interest compounded annually. How much money does Jane have in her account today?