Question: When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO

When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

1. Suppose you invest $112,473 today in an account that earns 9.03% interest annually. How much money will be in your account 11 years from today?

2. What is the value today, of single payment of $142,215 made 18 years from today, if the value is discounted at a rate of 6.72%?

3. How many years would it take an investment of $165 to grow to $9,031 at an annual rate of return of 16.87%?

4. How much money would you need to deposit today at 10.48% annual interest compounded monthly to have $29,970 in the account after 7 years?

5. If you deposit $68 into an account paying 15.25% annual interest compounded quarterly, how many years until there is $91,949 in the account?

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