Question: Hi! Please answer all questions and I will give a good like! Thank you. Please round to two decimal places. Question 3 How long will

Hi! Please answer all questions and I will give a good like! Thank you. Please round to two decimal places.

Question 3

How long will it take $500 to double if it earns the following rates? Compounding occurs once a year. Round each answer to two decimal places.

_____________years

11%

_____________years

20%

_____________years

100%

_____________years

Question 4

You have $16,457.49 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $210,000. You expect to earn 12% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.

__________years

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