Question: Problems 5 and 7 (Odds). Please show all work. Thank you. How long will it take $3,000 to accumulate to $10, 235, if the interest

Problems 5 and 7 (Odds). Please show all work. Thank you.

How long will it take $3,000 to accumulate to $10, 235, if the interest rate is a. 1% b. 2% c. 5% d. 10% e. 20% 1. 50% At what interest rate will $3,000 accumulate to $10, 235, if the time to maturity is a. 2 years b. 5 years c. 10 years d. 15 years At what interest rate will $1,000 accumulate to $100,000, if the time to maturity is a. 10 years b. 20 years c. 30years d. 50 years

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