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10.069Points] BRECMBC9 11.I.030. 0/5 Submissions Used Bob is 18 years old? (Use Table 11-1.) $ Using Table 11-1, compute the amount of compound interest (in

image text in transcribed 10.069Points] BRECMBC9 11.I.030. 0/5 Submissions Used Bob is 18 years old? (Use Table 11-1.) $

Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.) Nominal Principal Rate (0/0) Interest Compounded monthly Compound Interest Annual Percentage Earned in 1 Year Yield (APY) 5. $34,000 Need Help? Submit Answer [-10.069 Points] 12 DETAILS BRECMBC9 11.1.030. 0/5 Submissions Used MY NOTES ASK YOUR TEACHER As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000 in an account paying Bob is 18 years old? (use Table 11-1.) 7% compounded annually. How much will the account be worth (in $) when

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