A. suppose you have just inherited a sum of money. let’s say you choose to invest the money. how much did you inherit? choose an amount between $1000 and $100,000. do not choose an increment of 1000. in other words, do not choose $1000, $2000, $5000, $14000, etc.
b. what is your interest rate? choose a rate between 0.5% and 3%.
c. using yearly compounding, calculate the accrued value after 5 years, 10 years, and 15 years. show all work. you may show your work as an inserted image.