0 out of 2 points At the end of two consecutive investments you have $18.510.10. Investment one was 4% (SA) for 30 months Investment two was 9% (Q) for 15 months What was the original amount deposited? Round to the nearest WHOLE dollar, No dollar ($) signs, Use commas () when and where needed Selected Answer: 2,895 Question 2 O out of 2 points What is the effective annual rate of 8.5% (SA)? round to 5 decimal places, leave in decimal format Selected Answer: 0.08681 Question 3 O out of 2 points You borrow $500 at 8% (Q) and will repay the loan with 5609.50. What is the term of the loan? Round the answer ton to a whole le 13.999 -14, n4.000054) - do this before you convert to years and months. Answer in years and months (if either is zero, place 0) TAJ Years [B] Months You borrow $750 for 8 months at monthly compounding and will repay the loan with $766.40. What (named, stated, quoted, nominal) rate X were you charge? round to 5 decimal places, leave in decimal format Selected Answer: [None Given) Question 5 O out of 2 points You owe $1,200 in 3 months and $1,400 in 11 months. You and your creditor agree you will discharge both debts with one cash payment at 8 months using 9% (M). Round each answer to the nearest penny (round normally) before you calculate the ONE payment amount, NO dollar ($) signs, Use comma () where and when needed Selected Answer: [None Given) Question 6 0 out of 2 points You borrow $4,600 for 2 years and 8 months at 12% (SA). Interest is charged for part of a Period. What is the Maturity Value? Round each calculation to the nearest penny (round normally), NO dollar (5) signs, Use commas () when and where needed