18 Due Sunday by 11:59pm Week 7: Money Management Score: 13/30 18/30 answered Question 13 Points 30 > Submitting an external tool What was the interest earned? (Round to the nearest cent.) Save progress Question Help: Video 1 Video 2 Done 8 Suppose you found a CD that pays 2.3% interest compounded monthly for 5 years. If you deposit $10,000 now, how much will you have in the account in 5 years? (Round to the nearest cent.) $ 0/1 pt 32 Details Now suppose that you would like to have $20,000 in the account in 5 years. How much would you need to deposit now? (Round to the nearest cent.) $

Suppose you found a CD that pays 2.3x interest compounded monthly for 5 years. If you deposit $10,000 now, how much will you have in the account in 5 years? (Round to the nearest cent.) What was the interest earned? (Round to the nearest cent.) Now suppose that you would like to have $20,000 in the account in 5 years. How much would you need to deposit now? (Round to the nearest cent.) Question Help: Video 1 Video 2