Find the present value of the following future amount. \( \$ 9000 \) at \( 7 \% \) compounded annually for \( 15 \) years The present value is \( \$ \square \) . (Round to the nearest cent as needed.) 

\( 1<\quad \) Use the compound interest formula \( A=P\left(1+\frac{r}{n}\right)^{n t} \) to solve. Round to two decimal places. - Find the accumulated value of an investment of \( \$ 400 \) at \( 8 \% \) compounded quarterly for 4 years.

Use the compound interest formula \( A=P\left(1+\frac{r}{n}\right)^{n t} \) to solve. Round to two decimal places. Find the accumulated value of an investment of \( \$ 5,000 \) at \( 8 \% \) compounded annually for 11 years

- Use the compound interest formula \( A=P\left(1+\frac{r}{n}\right)^{n t} \) to solve. Round to two decimal places. - Find the accumulated value of an investment of \( \$ 5000 \) at \( 5 \% \) compounded monthly for 8 years.

8. During her free time, Sophia runs a small online business selling handmade jewelry. She deposits \( \$ 150 \) at the end of each month into an account that earns \( 4 \% \) interest, compounded monthly. How many monthly deposits will Sophia need to make to accumulate \( \$ 6,000 \) in the account?

\( 1 \leqslant \) Use the compound interest formula \( \mathrm{A}=\mathrm{Pe} \) to solve. Round to two decimal places. Find the accumulated value of an investment of \( \$ 1,000 \) at \( 7 \% \) compounded continuously for 6 years.