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1 1 . Your account pays interest at 3 percent p . a . . You deposit $ 2 6 , 7 1 7 in
Your account pays interest at percent pa You deposit $ in it today. You must have exactly $ in the account at the end of two years. What should you do at the end of the first year that is what dollar amount must you deposit to ensure this? Record your answer without a dollar sign, without commas and round your answer to decimal places; that is record $ as
You invest $ in an account today. You make no additional deposits into the account. One year from today there is $ in the account. What is the nominal interest rate that you earned on your money? Record your answer as a percent rounded to decimal place; for example, record as
Assume Bill Jones invested $ into an account exactly one year ago. The account has an interest rate of pa How much does Bill have in his account today that is exactly one year after the initial depositRound your answer to the nearest cent and record your answer without a dollar sign and without commas. For example, record $ as
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