er will deposit $1,100 into an account every six months for 15 years. The first deposit will be 20 years from today. Assume an 7. Tyle ade six months from todlay. The account will be worth S interest rate of 12% pa, compounded semi-annually. a. 155,739.29 b. 171,581.17 e. 198,21364 d. 204,400.53 e. 221,818.66 Brandon wants to double his money in & years, To do so, he must invest in an account that earns 8. % p.a. compounded quarterly a. 5.466 h6,992 e 7.675 d. 8.759 e 9.759 9 A bank offers 8% APR on saving accounts, what is the effective annual rate (EAR) if the interest is compounded monthly? (Formula: EAR (1+APR/m)m-1) A. 5.095% B. 6.116% C. 7.062% / D. 8.300% E. 9.381%