What lump sum must be invested at 6%, compounded monthly, for the investment to grow to $75,000 in 9 years? The lump sum
Posted: Thu Jun 30, 2022 7:50 pm
What lump sum investment will grow to $66,000 in 13 years if it is invested at 6%, compounded annually? $ The lump sum $invested at 6%, compounded annually, grows to $66,000 in 13 years. (Do not round until the final answer. Then round to the nearest cent as needed.).
If $5000 is invested at 8% compounded continuously, what is the amount after 2 years? The amount after 2 years will be (Round to the nearest cent.)
If $14,000 is invested at 9% interest compounded quarterly, find the interest earned in 14 years. OLIER The interest eamed in 14 years is $ (Do not round until the final answer. Then round to two decimal places as needed.)