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1 1 . Your account pays interest at 3 percent p . a . . You deposit $ 2 6 , 7 1 7 in

11.Your account pays interest at 3 percent p.a.. You deposit $ 26,717 in it today. You must have exactly $ 74,372 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 2 decimal places; that is, record $3,245.847 as 3245.85).
12.You invest $ 4,081 in an account today. You make no additional deposits into the account. One year from today there is $ 5,044 in the account. What is the nominal interest rate that you earned on your money? (Record your answer as a percent rounded to 1 decimal place; for example, record .527945=52.8% as 52.8).
13. Assume Bill Jones invested $ 1,122.89 into an account exactly one year ago. The account has an interest rate of 8.6% p.a. How much does Bill have in his account today (that is, exactly one year after the initial deposit)?(Round your answer to the nearest cent and record your answer without a dollar sign and without commas. For example, record $1,356.8382 as 1356.84).

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