Question: Scott invested $34902 into a technology development fund. Five years later, the fund matured and Scott received $54889. What quarterly compounded rate of interest did

Scott invested $34902 into a technology development fund. Five years later, the fund matured and Scott received $54889. What quarterly compounded rate of interest did Scott earn during the investment period of the fund?

What monthly compounded rate of return is required to turn $6747 into $10073 over 6.5 years?

(to 3 decimal places)

An investment that earns 3.2% compounded monthly grows from $4053.84 to $6312.82. How many months did it take?

(hint: this is a whole number)

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