Question: In tmz solver preferably 1) How many years will it take for an initial investment of $19,000 to grow to $32,700 if it is compounded
In tmz solver preferably
1) How many years will it take for an initial investment of $19,000 to grow to $32,700 if it is compounded daily at 12% APR? (Round your answer to the nearest tenth of a year.)
It will take ? years.
2) Find the accumulated amount after 7 years if $1,400 is invested at 7% per year for each compounding period below. (Round your answers to the nearest cent.)
(a)annually=$?
(b)semiannually =$?
(c)quarterly=$?
(d) monthly =$?
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