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1 point A deposit of $2,500 earns interest at 3% p. a. compounded quarterly. After two-and-a-half years, the interest rate is changed to 2.75% compounded

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1 point A deposit of $2,500 earns interest at 3% p. a. compounded quarterly. After two-and-a-half years, the interest rate is changed to 2.75% compounded monthly. How much is the account worth after six years? * $4,152.14 $2,965.81 None of the Answers is correct $4,745.30 $5,338.46 O $3,558.97 O $5,931.62 1 point Jennifer Richards went to her credit union to borrow $3,500 at a rate of 7 34 % p.a. The date of the loan was September 7. Jennifer hoped to repay the loan on January 15. How much will Jennifer pay on January 15 if she pays off the loan on that date? * $5,142.82 O $3,596.61 $4,111.69 None of the Answers is correct $5,658.87 $4,627.10

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