Question: 5 . Moana will receive $ 2 5 , 0 0 0 in two years when she graduates. When she receives it , she will

5.Moana will receive $25,000 in two years when she graduates. When she receives it, she will invest it for 6
more years at 7.5 percent per year. How much money will she have 8 years from now?
6.You are hoping to have $10,000 in your account 7 years from today to go a trip. If your current balance is
$6,000, what APR (compounded monthly) would be required if you are to have $10,000 in your account
in 7 years?
7.How much interest will be earned in an account into which $1,000 is deposited for one year with
continuous compounding at a 13 percent rate?
 5.Moana will receive $25,000 in two years when she graduates. When

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