Question: 6) How long will it take to save $2715.00 by making deposits of $215.00 at the end of every year into an account earning interest

6) How long will it take to save $2715.00 by making

6) How long will it take to save $2715.00 by making deposits of $215.00 at the end of every year into an account earning interest at 9% compounded annually? State your answer in years and months (from 0 to 11 months). 7) A mortgage of $220,000 is amortized over 25 years by monthly payments of $1260.81. What is the nominal annual rate of interest compounded semi- annually

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