8. a) (Solving for
n?) How many years will it take for $520
to grow to ?$1058.91 if? it's invested at 8 percent compounded?
annually? (Round to one decimal? place.)
b) (Present value) Ronen Consulting has just
realized an accounting error that has resulted in an unfunded
liability of ?$395,000 due in 26 years. In other? words, they will
need ?$395,000 in 26 years. Toni? Flanders, the? company's CEO, is
scrambling to discount the liability to the present to assist...