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Hello, could an expert please help me? thank you in advance for your explanation and hardwork. Financial contracts involving investments, mortgages, loans, and so on

Hello, could an expert please help me? thank you in advance for your explanation and hardwork. image text in transcribed
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Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate, Assume that fixed interest rates are used throughout this question. isabella deposited $1,400 in a savings account at her bank. Her account will earn an annual simple interiest rate of 6.6%. If she makes no additional deposits or withdrawals, how much money will she have in her account in 13 years? 53,213.45 $2,601.20 $1,498:50 $192.40 Now, assume that isabelia's savings institution modifies the terms of her account and agrees to pay 6.6% in compound interest on her $1,400 balance. All other things being equal, how much money will tsabelta have in her account in 13 years? $3.601.20 $3,213,45 $1,492,40 5232,09 Suppose tsabela had deposited another $1,490 inte a sovings account at a second bank at the same bme. The second bank also pays a nominal (or stated) interest rate of 6.6W but with quarterly compounding. Keeping everything else constant, how much monev wal Isabelia have in her account at this bank in 13 years? Now, assume that Isabella's savings institution modifies the terms of her account and agrees to pay 6.6% in compound interest on her $1,400 balance. All other things being equal, how much money will Isabella have in her account in 13 years? $2,601,20 $3,213.45 $1,492.40 $212,09 Suppose lsabella had deposited another $1.400 into a savings account at a second bank at the same time. The second bank also pays a nominal (or stated) interest rate of 6.6% but with quarterly compounding. Keeping everything else constant, how much money will isabella have in her account at this bank in 13 years? $230.69 $1,494.71 53,278,78 $192:40

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