Question: answer both questions correctly for a like. Question 4 (0.8 points) How much do you have to invest in S today at an annual rate
Question 4 (0.8 points) How much do you have to invest in S today at an annual rate of 5%, if you need to have $700 in 9 years from today? Your Answer: Answer Question 5 (0.8 points) David has a savings account with a 2,000 balance today. The account earns an annual percentage rate of interest of 3.25%, compounded monthly. David plans to make no other deposits or withdrawals. How many years will it take David's account balance to double? Your
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