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D | Question 15 2 pts You just received $500 for your birthday and you decide to invest in a bond that accrues and pays

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D | Question 15 2 pts You just received $500 for your birthday and you decide to invest in a bond that accrues and pays you SIMPLE interest of 5% annually. Interest and the principal investment are paid to you at the end of year 5. At the end of year 5 you will receive principal and interest totalling how much? $1,250 $638 $625 $700 Question 16 Assuming you found a safe investment that earns 7% compoundcdannually and paid at maturity. Inumber 1] today (round answer to nearest whole dollar amount)? 2 pts timate you will need $9,000 at the end of 3 years to buy a car therefore you must invest

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