Question: please complete part B of the problem. the right answer to Part A was 23 years. I CALTHANH FREE NEXT Exercise 6-10 (Part Level Submission)

I CALTHANH FREE NEXT Exercise 6-10 (Part Level Submission) Consider the following independent situations Click here to view. factor tatiles (a) x your answer is incorrect. Try again Daniel Finley wishes to become a millionaire. His money market fund has a balance of $109,333 and has a guaranteed interest rate of 10% How many years must Daniel leave that balance in the fund in order to get his desired $979,000 (Round answer to o decimal places. 5.) 5 years SHOW MOLUTION LINK TO TENI LEKTO VIDEO Attempts: 5 of 5 used (b) x Your answer is incorrect. Try again Assume that Nancy Williams desires to accumulate $979,000 in 15 years using her money market fund balance of $107.154.At what interest rate must Nancy's investment compound annually? (Round answer to o decimal places, 9.39) Interest rate 46 Daniel Finley wishes to become a millionaire. His money market fund has a balance of $109,333 and has a guaranteed interest rate of 10% How many years mot Daniel leave that balance in the fund in order to get his desired $979,000? (Round answer to a decimal places, e.g. 45.) 5 years SHOW SOLUTION UNK TO TEXI LINK TO VIDEO Attempts: 5 of 5 used (b) x Your answer is incorrect. Try again. Assume that Nancy Williams desires to accumulate $979,000 in 15 years using her money market fund balance of $187.154, At what interest rate must Nancy's Investment compound annually? (Round answer to o decimal places, e.g. 596.) Interest rate 46% LINK TO TEXT LINK TO VIDEO Attempts: 1 of 5 used SAVE FOR LATER SUUNIT
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