Question: How long will it take $200 to double itself if invested at 2% compounded semi- annually? (round to the nearest year) It will take years

How long will it take $200 to double itself if invested at 2% compounded semi- annually? (round to the nearest year) It will take years You deposit $3000 each year into an account earning 8%

How long will it take $200 to double itself if invested at 2% compounded semi- annually? (round to the nearest year) It will take years You deposit $3000 each year into an account earning 8% interest compounded annually. How much will you have in the account in 20 years? (Round down to the cents place.) $ 13,982.86 X Suppose you want to have $500,000 for retirement in 20 years. Your account earns 5% interest. How much would you need to deposit in the account each month? (Round up to the cents place.)

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