6. If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years? * (2 Points) 5387.42 4200 5000.15 7. If you deposit 55000 into an account paying 6% annual interest compounded monthly, how long until there is $8000 in the account? 12 Points) 6 years | Bears 4. Rocky lends $3000 to Ken at 10% per annum and the Ken lends the same sum to Mike at 12% per annum. Find Ken's gain over a period of 3 years* (2 Points) 180 0 120 200 5. Find the Principal when: Simple interest=72. rate=3% and time=3 month 12 points) 7500 1960