Find the investment amount after three years

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Reference no: EM1351596

1. I invested $15,000 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 3 years?

2. To what amount would the investment grow in 3 years if the fund earns 8% compounded semiannually?

3. I need $25,000 in 4 years. What amount must be invested today if his investment earns 12% compounded annually?

4. I just sold an investment that was owned for $15,000. I purchased the investment 4 years ago for $9,500. During the period that I held the investment it paid income of $2,000 for 3 years. What is my investment yield for the 4 years she held the investment?

Reference no: EM1351596

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