Question
1. Khalid loves lattes and buys one almost every day. This amounts to about $102 per month. If Khalid invested this amount ($102) into an
1. Khalid loves lattes and buys one almost every day. This amounts to about $102 per month. If Khalid invested this amount ($102) into an account earning 4.5% at the end of each month, how much will Khalid have 4 years from now? Khalid will have: $______ 2.Karter's grandmother was planning to give Karter $8000 6 years from now. Karter convinced their grandmother to give them $6500 now instead. If Karter invests this $6500 at 5% compounded continuously, how much money will Karter have 6 years from now? A.)Karter will have: $___ B.)How much interest will Karter earn? $____
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