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Adam is investing $4,000 at the end of each year for his wedding. How much will Adam have in his account after 4 years, assuming
Adam is investing $4,000 at the end of each year for his wedding. How much will Adam have in his account after 4 years, assuming a 6% interest rate? Choose the closest answer. $16, 960 $12, 673 $13, 860 $17, 498 $20, 200 Clarence borrowed $6,000 from you 7 years ago. You are charging Clarence 4% interest. How much does Clarence owe you, today? (No payments have been made.) Choose the closest answer. $7, 680 $47, 390 $9, 560 $7, 896 $4, 320 Henrie purchased a stereo from his cousin. Henrie will pay $250 per year for 4 years. If Henrie"s payments include interest at 9%, what was the purchase price of the stereo? Choose the closest answer. $810 $1,000 $910 $1, 143 $870
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