ssignment: Module 2 Homework Assignment Score: 0.00% Save Submit Assignment for Grading Questions Problem 5.01 (Future Value) Question 1 of 20 Check My Work (3 remaining) e. 4. BE eBook If you deposit $12,000 in a bank account that pays 6% Interest annually, how much will be in your account after 5 years? Do not round intermediate calculations, Round your answer to the nearest cent. 5 6. 7. 8. 9. 10 12 13 ENG x -1 2009 2021/2/14 -T C ent: Module 2 Homework Assignment Score: 0.00% Save Submit Assignment for Grading s Problem 5.02 (Present Value) Question 2 of 20 Check My Work (3 remaining) eBook What is the present value of a security that will pay $11,000 in 20 years if securities of equal risk pay 11% annually? Do not round intermediate calculations. Round your answer to the nearest cent. $ 04 ENG 20:10 2021/21 3 Ment. Puuule 2 Homework Assignment Score: 0.00% Save Submit Assignment for Grading Questions Problem 5.03 (Finding the Required interest Rate) Question 3 of 20 1. Check My Work (3 remaining) 2. o 3. 4 eBook Your parents will retire in 24 years. They currently have $220,000 saved, and they think they will need $2,250,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places 5. 6. % 7. 8 9 10, 11 12 13 20 ING C e.me