Question: How many years will it take for $ 1 9 7 , 0 0 0 to grow to be $ 5 5 4 , 0

How many years will it take for $197,000 to grow to be $554,000
if it is invested in an account with an annual interest rate of 8%
compounded monthly?
If you deposit $15,000 per year for 9 years (each deposit is made
at the made at the beginning of each year) in an account that pays
an annual interest rate of 8%, what will your account be worth at
the end of 9 years?
You deposit $16,000 per year for 12 years (each deposit made at
the end of each year) in an account that pays an annual interest
rate of 14%, what will your account be worth at the end of the 12
years?
You plan to accumulate $450,000 over a period of 12 years by
making equal annual deposits in an account that pays an annual
interest rate of 9%(the payments will be made at the beginning of
each year). What amount must you deposit each year to reach
your goal?
 How many years will it take for $197,000 to grow to

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