1)
April wants $7,000 saved in 4 years to make a down payment on ahouse. How much money should she invest now at 3.15% compoundedsemiannually in order to meet her goal?
2)
How much will need to be invested at the beginning of every 2months at 7.7% compounded every 2 months, to pay off a debt of$24,000.00 in 5 years?
The every 2 months payments are $. (Round to 2 decimal places.)
