Question: please show all work; very lost on this module Show all work to earn full credit. Give exact answers when possibie, or round to the
Show all work to earn full credit. Give exact answers when possibie, or round to the nearest thousandth if necessary. Totat possible points is 31 . 1. Determine the vatue of a $11,000 investrment after tho given time, inferest rate, and given compounding periods. (3 points etech) a) 4.5% APR compounded monthly for 75 years 1a b) 3,1\% APR compounded semiannually for 6 years and 3 months. 16 c) 5.7% APR compounded continuously for 18 months 10. 2. John decides to invest money for a new car. He knows he can invest at a 5,7% APR, compounded monthly, and would like to have $29,000 after 5 years. (3 points each) a) How much money will he need to invest to earn $29,000 in 5 years? 2a. b) Determine the APY (Annual Percent Yield) for the account. 2b. c) Determine the 5 -year percent change for the account. 2c. 3. Evaluate the given logarithms without a calculator. Show your work! ( 2 points each) a) log464+log48 3a b) 21log3813log381 3b
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