How long will it take money to quadruple if it is invested at the following rates? (A) \( 3.9 \% \) compounded weekly (B) \( 11.7 \% \) compounded weokly (A) \( \square \) years (Round to two decimal places as needed.)

How much would you need to deposit in an account now in order to have \( \$ 3000 \) in the account in 15 years? Assume the account earns \( 5 \% \) interest compounded monthly.

Suppose you want to have \( \$ 700,000 \) for retirement in 25 years. Your account earns \( 4 \% \) interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn?

"In addition, she said banks operating in Africa need to have a more end-to-end approach to risk management, considering bankability at all stages." As a follow up to Question 1 above and in addition to the solutions recommended in the article, recommend how Southern African financial institutions can improve their risk management strategy.

The original price of a tablet was \( \$ 550 \). During a sale, Melvin was given a 30\% discount for the tablet. How much did he pay for the tablet?

Phil is shopping for an annuity that guarantees he CANNOT outlive the benefits. Which of these benefit options would he choose?Accelerated lifetime benefitGuaranteed lifetime withdrawal benefitRight of income riderGuaranteed minimum accumulation benefit