Question: Round your answer to the nearest one-hundredth decimal point. For example, write 7.49 for 7.49%. Question 3 a.Suppose you have $9000 to invest. Your goal

 Round your answer to the nearest one-hundredth decimal point. For example,

Round your answer to the nearest one-hundredth decimal point. For example, write 7.49 for 7.49%. Question 3 a.Suppose you have $9000 to invest. Your goal is to accumulate $20,000 at the end of 12 years. Assuming continuous compounding, what interest rate must you earn to achieve your goal? b.Suppose you have $100,000 to invest. The interest rate is 13%. How long will it take until you can withdraw $125,000? c.Suppose you have $8000 to invest. The interest rate is 4% compounded monthly. How long will it take to triple your investment? d.Suppose you have $8000 to invest. The interest rate is 15% compounded daily. How long will it take to double your investment? Assume there are 365 days in one year. e.Suppose you have $11000 to invest. The interest rate is 5% compounded continuously. How long will it take until your investment grows to $30000? f.What is the effective annual rate (EAR) for a loan with an annual percentage rate (APR) of 25% with daily payments? g.What is the annual percentage rate (APR) for a loan with an effective annual rate (EAR) of 25% with weekly payments? h.What is the annual percentage rate (APR) for a loan with an effective annual rate (EAR) of 27% assuming continuous compounding? 1.What is the future value of $2,500 after 2.38 years if the interest rate is 6 percent compounded monthly

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