Using the formulas below only: (1 + i )" - 1 FV = RX 1 - (1+i)-0 PV = R X A = P + Prt A = P(1 + rt)1) Isabelle invests $4350 at 7.6%/ a compounded quarterly. How long will it take for her investment to grow to $10 000? (Answer should be either 4 years / 11 years / or 12 years and 7 months) 2) Naomi wants to save $100 000, so she makes quarterly payments of $1500 into an account that earns 4.4%/ a compounded quarterly. How long will it take her to reach her goal? (Answer should be either 4 years / 11 years / or 12 years and 7 months) 3) Eden nances a purchase of $611.03 by making monthly payments of $26.17 for 21/2 years. What annual interest rate, compounded monthly, is she being charged? (Answer should be 20.40%) 4) Chantal purchases a moped for $1875.47 with $650 down. She nances the balance at 6.696/ a compounded monthly over 4 years. How much will Chantal have to pay each month? (Answer should be $29.12) 5) Jenny starts a business and borrows $100 000 at 4.296/ a compounded monthly. She can afford to make payments between $1000 and $1500 per month. How much sooner can she pay off the loan if she pays the maximum amount compared with the minimum amount? (Answer should be either 4 years / 11 years / or 12 years and 7 months)