Question: If you could help me with these problems and give step by step calculations I would really appreciate it! 1. (9 points) You put $1,000

If you could help me with these problems and give step by step calculations I would really appreciate it! If you could help me with these problems and give step by

step calculations I would really appreciate it! 1. (9 points) You put

$1,000 into a savings account that pays 6% interest and compounds semiannually.

1. (9 points) You put $1,000 into a savings account that pays 6% interest and compounds semiannually. You want to figure out how much money you'll have in 3 years if you leave the money sitting there (Please round your answer to 0.01 dollar). 2. (9 points) Steve Madison needs $ 250,000 in 10 years. How much must he invest at the beginning of each year, at 11% interest, to meet his needs (Please round your answer to 0.01 dollar)? 3. (16 points Morgan Freeman is investing $ 14,702 at the end of each year in a fund that earns 51 interest. In how many years will the fund be at $100.000 Please round your answer to 0.01 dollar)? 4. (16 pointsThe Village of Shalie wants to accumulate $70,000 for the construction of a city garden in the town square. At the beginning of the current year, the Village deposited $47,811 in a fund that earns 10% interest compounded annually. How many years will it take to accumulate $70,000 in the fund (Please round your answer to 0.01 dollar)? Bonus Question 5 points) 5. Our company purchased a three year $10,000 note for 59.400 cash. The note's stated rate of interest is 100. You do not need to make any calculations at all. Is the 101 stated interest rate high or low relative to the market rate also called the effective rate this note should pay? A. 104 15 high relative to ket rate B. 101 is low relative to market rate C. 10+ is equal to the market rate D. there is no way to determine this with the information given

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