Question: 19 Question Completion Status: QUESTION 1 You will receive $35,000 in 3 years. After receiving this amount, you will invest it at 2.9% per quarter

19 Question Completion Status: QUESTION 1 You will receive $35,000 in

19 Question Completion Status: QUESTION 1 You will receive $35,000 in 3 years. After receiving this amount, you will invest it at 2.9% per quarter until you have $55,000. How many years do you have to wait from today? QUESTION 2 An investment offers to double your money in 6 years. What semiannual rate are you being offered? QUESTION 3 You need to have $200,000 in 8 years. If you can earn 0.23%/week, how much must you deposit next year? (Hint: The question is not asking how much you need to deposit today. You begin the investment next year)

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