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Amother imests $7000 in a bank acceant at the time of her dwuthter's blith. The intereat is compounded quarterly at a rate of Bxk What

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Amother imests $7000 in a bank acceant at the time of her dwuthter's blith. The intereat is compounded quarterly at a rate of Bxk What will be the value of the davghter's account on her twertieth birthdarawumire no other deposits or withdrawals are made during this period? 5440000 310.9209 134.12807 5273024 Solve the problem Bound ta the neareve cent. Ulrad wanta have 317,000 avilable to buy a car in 5 vears. How muat must he depout now at 5.5% tompounded inonthly to reach that goal? 972964.96 5+2. 608.95 5124208 117.395 .17

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