Question: please show your work. I am stuck on these 2. 5. How long will it take you to triple your money if you have access

please show your work. I am stuck on these 2.

5. How long will it take you to triple your money if you have access to an account that earns 15% if compounding is: a. Annual b. Daily

6. You would like to purchase a house in 5 years for $300,000 and be able to make a down payment of 20% of the price of the house. You have access to an account that earns 6%, compounded monthly. How much do you have to put into the account TODAY to be able to make this happen?

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