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* Question Completion Status: QUESTION 1 10 points Save Answer If an account earns 4% simple interest per year, how many years will it take $1 to grow to $32 QUESTION 2 10 points Save Answer What present amount is necessary to attain a future amount of $190 in 9 months, using an annual simple interest rate of 347 QUESTION 3 10 points Save Answer A credit card offers a borrowing rate of 18%, compounded daily. What is the effective rate (Please enter as a decimal, not a percentage) QUESTION 4 10 points Save Answer If you have an investment of $1000 that grows at a rate of 6%, compounded annually, how much will be worth after 10 years? QUESTION 5 10 points Save Answer How much money should a company deposit into an account now so that they will have $50,000 in 6 years, if the account earns a interest, compounded quarterly