# Answers must be typewritten. a. Determine how much money (to the nearest dollar),that you must in...

a. Determine how much money (to the nearest dollar),that you must invest today, at 7% per annum,compounded monthly,in order to obtain 1 million dollars in 30 years.

b. Determine how long it will take (to the nearest year),for \$25,000, invested at an annual rate of interest of 10% and compounded quarterly,to grow to \$200,000. ##### Add Answer of: Answers must be typewritten. a. Determine how much money (to the nearest dollar),that you must in...
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