Question: please add explanation with the answer. QUESTION 7 How many days will it take for $20000 to accumulate to $21,014.42 at a rate of 6.39.

please add explanation with the answer. QUESTION 7 How many days

please add explanation with the answer.

QUESTION 7 How many days will it take for $20000 to accumulate to $21,014.42 at a rate of 6.39. (round according to the method discussed in the slides) QUESTION 8 If you invested $45,650 on May 1st 2018 in an account paying 5.596 p.a., what will be the value of the account on October 31st, 2020

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