Show all keystrokes or formula 5. What would your investment account be worth in...
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5. What would your investment account be worth in 20 years if you currently have $6,000 saved and plan to add $140 per month at the end of the month for the 20 years if the account pays 9.5% interest compounded monthly?
6. At a growth (interest) rate of 8.8 percent annually, how long will it take for you to triple your money?
7. What is the future value of an $2,095 annuity payment over 10 years if the interest rates are 6 percent
8. What is the present value of a $4,500 annuity payment over 5 years if interest rates are 5.5 percent? What is the present value of a $4,500 annuity payment over 5 years if interest rates are 5.5 percent?
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