Upland Family Practice Center plans to invest $60,000 in a money market account at the beginning of each year for the next five years. The investment pays 3 percent annual interest. How much would...

Upland Family Practice Center plans to invest $60,000 in a money market account at the beginning of each year for the next five years. The investment pays 3 percent annual interest. How much would this investment be worth after five years of investing?

Starting today and every six months thereafter for the next ten years, St. Joan’s Hospital plans to invest $1,750,000 at 5 percent semiannual interest in an account. How much would this investment be worth after ten years of investing?