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For each of the following accounts, determine the growth factor and percent change for the account value over one compounding period. a. Account A has
For each of the following accounts, determine the growth factor and percent change for the account value over one compounding period. a. Account A has a 5% APR compounded monthly (12 times per year). Determine the account value's growth factor and percent change per compounding period. i. Monthly Growth Factor: E Preview ii. Monthly Percent Change: :I % Preview b. Account B has a 6.5% APR compounded quarterly (4 times per year). Determine the account valuc's growth factor and percent change per compounding period. i. Quarterly Growth Factor: : Preview ii. Quarterly Percent Change: |:] % Preview c. Account C has a 3.9% APR compounded daily (365 times per year). Determine the account value's growth factor and percent change per compounding period. 1. Daily Growth Factor: E Preview ii. Daily Percent Change: :] % Preview Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2/3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 4: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, on for Innity Box 5: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 6: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Submit Question 1.Points possible: 3 License Unlimited attempts. For each of the following accounts, give the growth factor per compounding period, then give the annual growth factor and the annual percent change (APY). a. Account A has a 5% APR compounded monthly. i. Monthly growth factor: |:] Preview ii. Annual growth factor: :| Preview a. APY: :| % Preview b. Account B has a 3.5% APR compounded daily (365 times per year). i. Daily growth factor: |:] Preview ii. Annual growth factor: :| Preview iii. APY: :] % Preview Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2"3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 4: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 5: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 58, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 6: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 58, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Submit Question 2. Points possible: 6 License Unlimited attempts
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