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Solve the following time value of money problems. Please show all of the information you...

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Solve the following time value of money problems. Please show all of the information you entered into your calculator (like we did in class) as well as the final answer. You may ROUND all dollar amounts to the nearest dollar, all interest rates to one decimal, such as 6.1%, and all amounts of time to one decimal, such as 8.3 years or 23.4 months. a. You need $17,000 in five years but you only have $12,000 now. At what interest rate must you invest the money assuming the interest is compounded annually? b. You have a $20.000 note payable which is due in three years. How much money must you put into a savings account today in order to have enough money to pay off the debt on time assuming your savings account earns 3% interest compounded annually? c. You put $2,750 into an account earnings 4% interest compounded QUARTERLY. How much will be in this account at the end of 4 YEARS? d. In question "B." above, if you leave he money in the account for one more YEAR, how much more interest will you earn in that additional year (Year 5)? e. How long will it take to double $2,000 to $4,000 assuming you invest the $2.000 into an account earning 7% interest compounded annually

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