Your friend has a trust fund that will pay him $140000 at the end of 18 years. Your friend, howeyer, wants his money today. He promises to sign his trust fund over to you if you give him some money today. You require a 18% interest rate on money you lend to friends. How much would you be willing to lend under these terms? Round your answer to the nearest dollar. At the end of 8 years, your friend wants to have $65000 saved for a down payment on a house. He expects to earn 9%-compounded monthly-on his investments over the next 8 years. How much would your friend have to put in his investment account each month to reach his goal? Round your answer to the nearest dollar. How much money does Ted need to invest each month in order to accumulate $9000 over a 5 -year period if he expects to get a return of 8.75% per year? Round your answer to the nearest dollar. Exactly 15 years ago, you put $130000 into an interest-earning account. Today, it is worth $265000. What is the effective annual interest earned on the account? Express your answer as a percentage and round to two decimal places