solid edge st 10 15th edition

41) A Licensed Professional Engineer (PE) makes a single invested of $100,000 in an interest bearing account that pays 6 % interest per year, i. e, compounded annually. What is value of this investment after 30 years ? (Draw the cash flow diagram) 1 4 ii) How long will it take an annual investment of $20,000 to grow to one million dollars if the interest rate is 12 % per year under compound interest. (Draw the cash flow diagram) 4 il) If interest rate was zero percent, how long will it take for the annual investment of $20,000 to grow to one million dollars ? (Hint: No interest table or interest formula is needed here, just a simple division calculation)