You are hoping to buy a house in the future and recently received an inheritance of ?$16000. You intend to use your inheritance as a down payment on your house.a. If you put your inheritance in an account that earns 8 percent interest compounded? annually, how many years will it be before your inheritance grows to ?$34000??b. If you let your money grow for 10.5 years at 8 percent?, how much will you? have?c. How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? How long will it take your money to grow to ?$34000 if you move it into an account that pays 13 percent?? (my answer was 16.7 but it was wrong)How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? _______years(Round to one decimal place)d. What does all this tell you about the relationship among interest? rates, time, and future? sums?

You are hoping to buy a house in the future and recently received an inheritance of ?$16000. You intend to use your inheritance as a down payment on your house.a. If you put your inheritance in an account that earns 8 percent interest compounded? annually, how many years will it be before your inheritance grows to ?$34000??b. If you let your money grow for 10.5 years at 8 percent?, how much will you? have?c. How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? How long will it take your money to grow to ?$34000 if you move it into an account that pays 13 percent?? (my answer was 16.7 but it was wrong)How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? _______years(Round to one decimal place)d. What does all this tell you about the relationship among interest? rates, time, and future? sums?

You are hoping to buy a house in the future and recently received an inheritance of ?$16000. You intend to use your inheritance as a down payment on your house.a. If you put your inheritance in an account that earns 8 percent interest compounded? annually, how many years will it be before your inheritance grows to ?$34000??b. If you let your money grow for 10.5 years at 8 percent?, how much will you? have?c. How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? How long will it take your money to grow to ?$34000 if you move it into an account that pays 13 percent?? (my answer was 16.7 but it was wrong)How long will it take your money to grow to ?$34000 if you move it into an account that pays 4 percent compounded? annually? _______years(Round to one decimal place)d. What does all this tell you about the relationship among interest? rates, time, and future? sums?