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hey can you help me with these two questions asap 12. If you assume interest of 6% compounded semi-annually, and the value of $11 019.45
hey can you help me with these two questions asap
12. If you assume interest of 6% compounded semi-annually, and the value of $11 019.45 after 5 years and five months, the present value is
A) $8661.65
B) $7980.32
C) $8000.00
D) $1630.33
15. A secretary has $175 000 saved up and she can earn 4.84% compounded quarterly for the next 25 years. She wants to retire in 15 years from now with $370 000 in the bank. How much more does she have to invest in these 15 years?
A) $110 649.58
B) $0.00
C) $120 649.58
D) $130 649.58
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