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1. $5000 is invested at 4.3% interest, compounded quarterly. How much will the investment amount to in 3 years?

   1.   ?    $5684.54
   2.   ?    $5162.99
   3.   ?    $5673.13
   4.   ?    $63777.75
   5.   ?    None of the answers given; click to see the solution.

2. Find the interest earned on $7500 invested at 3.8% compounded monthly for 4 years.

   1.   ?    $1229.11
   2.   ?    $8729.11
   3.   ?    $95.45
   4.   ?    None of the answers given; click to see the solution.

3. How many years will it take an investment of $3000 to amount to $5000 if money is invested at 4.1% compounded monthly?

   1.   ?    12.5
   2.   ?    150
   3.   ?    1.66
   4.   ?    None of the answers given; click to see the solution.

4. The future value of an investment is $10,110.28. If money was originally invested at 3.5% compounded semi-annually for 5 years, what was the amount of the original investment?

   1.   ?    $8500
   2.   ?    $12,025.62
   3.   ?    $9270.24
   4.   ?    None of the answers given; click to see the solution.

5. $10000 is invested at annual compound interest. After 4 years, the investment has become $11,608.86. What annual rate of compound interest was used?

   1.   ?    3.8%
   2.   ?    3.66%
   3.   ?    15.2%
   4.   ?    None of the answers given; click to see the solution.