If you deposit money today in an account that pays 13% annual interest, how long will...

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Finance

If you deposit money today in an account that pays 13% annualinterest, how long will it take to double your money? Round youranswer to two decimal places.
3 and a half years would be entered as 3.50 years
If you made yearly payments of $5344 at the end of each yearinto an investment, how long would it take you to save up$1,000,000 if you earned a rate of 8%. Enter your answer in wholeyears. (ex. 10, 20, 25)
You work hard and save hard. At retirement you have accumulated$1,000,000. You talk to your financial adviser and she helps youpick out an annuity investment that pays you a monthly amount andrate of return on the investment is 5%. Your intentions is to havea fixed monthly payment for 30 years with nothing left of theprincipal at the end of 30 years. What is the maximum payment youcan have each month. Round Your answer to the nearest cent. (hint,your charts do not have 360 periods so you probably will need touse Excel or a calculator)

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If you deposit money today in an account that pays 13% annualinterest, how long will it take to double your money? Round youranswer to two decimal places.3 and a half years would be entered as 3.50 yearsIf you made yearly payments of $5344 at the end of each yearinto an investment, how long would it take you to save up$1,000,000 if you earned a rate of 8%. Enter your answer in wholeyears. (ex. 10, 20, 25)You work hard and save hard. At retirement you have accumulated$1,000,000. You talk to your financial adviser and she helps youpick out an annuity investment that pays you a monthly amount andrate of return on the investment is 5%. Your intentions is to havea fixed monthly payment for 30 years with nothing left of theprincipal at the end of 30 years. What is the maximum payment youcan have each month. Round Your answer to the nearest cent. (hint,your charts do not have 360 periods so you probably will need touse Excel or a calculator)