Question: (Compound value solving for n) How many years will the following take?a. $500 to grow to $1,039.50 if invested at 5 percent compounded annuallyb. $35

(Compound

value solving for

n)

How many years will the following take?a.

$500

to grow to

$1,039.50

if invested at

5

percent compounded annuallyb.

$35

to grow to

$53.87

if invested at

9

percent compounded annuallyc.

$100

to grow to

$298.60

if invested at

20

percent compounded annuallyd.

$53

to grow to

$78.76

if invested at

2

percent compounded annuallya. How many years will it take for

$500

to grow to

$1,039.50

if invested at

5

percent compounded annually?

nothing

years (Round to the nearest whole number.)b. How many years will it take for

$35

to grow to

$53.87

if invested at

9

percent compounded annually?

nothing

years(Round to the nearest whole number.)c. How many years will it take for

$100

to grow to

$298.60

if invested at

20

percent compounded annually?

nothing

years (Round to the nearest whole number.)d. How many years will it take for

$53

to grow to

$78.76

if invested at

2

percent compounded annually?

nothing

years (Round to the nearest whole number.)

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