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4. Invest Sun is offering a rate that pays 6.15% compounded monthly. What monthly deposits should be made to have $100,000 in 10 years? a.

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4. Invest Sun is offering a rate that pays 6.15% compounded monthly. What monthly deposits should be made to have $100,000 in 10 years? a. Future Value with compound interest b. Present Value with compound interest c. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f. Amortization Math 1313 Homework 12 Chapter 4 Identify 5. Rental cost for offices spaces have been going up at 6.2% per year compounded annually for the past 5 years. If office space rent is now at a rate of $32 per square foot per month, what were the rental rates 5 years ago? a. Future Value with compound interest b. Present Value with compound interest c. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f. Amortization

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