20. [0/6 Points] DETAILS PREVIOUS AÑSWERS Complete the table by finding the balance A when P dollars is invested at rate r for t years and compounded n times per year. (Round your answers to the nearest cent. P = $1200, r= 7%, t = 42 years 2. 12

A person invests $4200 in an account paying 3.6%, compounded quarterly. Find the amount in the account after 4 years. The amount in the account after 4, years is approximately $ . (Simplify your answer. Round to the nearest cent.) Enter your answer in the answer box. esc FI F2 F3 FS @ #3 % & 2 4. 5 Q W E R S F G エ

Q6 Your client has been given a trust fund valued at $1.64 million. She cannot access the money until she turns 65 years old, which is in 15 years. At that time, she can withdraw $18,000 per month.If the trust fund is invested at a 4.5 percent rate, how many months will it last your client once she starts to withdraw the money? (Do not round intermediate calculations and round your final answer to 2 decimal places.) NUMBER OF MONTHS?

nt The equation A = P + is used when calculating compound interest from investing P dollars at a rate of r% interest being compounded n times per year for t years. a. Consider an investment ofP = $1000, at a rate of 4% (r = 0.04), being invested for %3D t=25 years. Organize in a table (like shown to the right), the amount A of money n A earned, for each of the following compoundings-per-year: annually (n = 1), semi-annually (n = 2), quarterly (n = 4), monthly, %3D %3D daily, every hour, every second. You don't need to show me any 2 work for this, just make the calculations on a calculator and record the result organized in a table. b. What happens to A as the number of compoundings increase? What did you expect to happen? c. Instead of focusing on investments, consider the function y = (1+±) . Construct a table of values (like in part a) for the same values of n. What does y approach? What did you expect? п d. Use L'Hospital's Rule to evaluate lim (1+ n→∞