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8 Your grandparents put $10,900 into an account so that you would have spending money in college. You put the money into an account that

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8 Your grandparents put $10,900 into an account so that you would have spending money in college. You put the money into an account that will earn an APR of 4.33 percent compounded monthly. If you expect that you will be in college for 5 years, how much can you withdraw each month? 20152 sa Multiple Choice $20237 $20164 $21249 $19562 O $205.93 A new sports coupe costs $41,750 and the finance office has quoted you an APR of 77 compounded monthly, for 36 months. What is the EAR? Multiple Choice 8.02 percent 7.94 percent 798 percent 7.81 percent 8.13 percent

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