PLEASE SHOW WORK

EVEN HOW TO DO IT ON THE Calculator

im trying to learn

7. You want to buy a Daytona Beach condominium ten years from now. The condo costs $100,000 now, but, using annual compounding, you estimate that the price will increase 3.2% each year. If your investment account earns 13% each year, compounded monthly, how much must you invest each month to be able to buy the condo after 10 years? 8. You will need to have $25,000 at the end of 4 years. Your plan is to deposit $1,250 into your account at the beginning of each quarter. What rate of interest must you earn to achieve your goal? a) 11.6% b) 10.0% c) 10.3% d) 11.3% e) 5.2% 9. What is the standard deviation of the returns on the following stock? Economic Condition Probability Return on Stock 30% Boom Recession Normal 10% 30% - 10% 10% 60% a) 9% b) 11% c) 8% d) 10% e) 12%