Question: 1 . If Abi invests $ 5 , 7 5 0 and receives a 5 % interest rate, what will her balance be at the

1.If Abi invests $5,750 and receives a 5% interest rate, what will her
balance be at the end of the three years?
Kynlee will deposit $18,700 into an account with an annual interest rate
of 5%. How much will she have at the end of four years?
If Martin makes a $137,000 deposit with a 9% interest rate, compounded
annually, how much will he have in 8 years?
How much money would need to be deposited to earn $107,00 in 15
years with a 6% interest rate compounded annually?
If you deposit $18,800 today into an account earning an 8% annual rate
of return what will your account be worth in 30 years (assuming no further
deposits)?
You are offered Option A: $150,000 today or Option B: $300,000 in 10
years. Assuming you can earn 8% annual interest on Option A, which
option should you choose?
Your mother just received a $422,500 inheritance. If she invests her
money in a diversified equity portfolio, returning 9% per year, approximately
how long will it take for her to become a millionaire?
 1.If Abi invests $5,750 and receives a 5% interest rate, what

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