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How to get the finance question answer? Thank You! Your birthday is next week and instead of other presents, your parents promised to give you

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How to get the finance question answer? Thank You!

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Your birthday is next week and instead of other presents, your parents promised to give you $1,300 in cash. Since you have a part-time job and, thus, don't need the cash immediately, you decide to invest the money in a bank CD that pays 5.40 percent, compounded quarterly, for the next two years. How much money can you expect to earn in this period of time? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Value of investment after 2 years $Brian Lee has $2,200 to invest. His brother approached him with an investment opportunity that could double his money in 4 years. What interest rate would the investment have to yield in order for Brian's brother to deliver on his promise? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to 2 decimal places, e.g. 8.72%.) Expected rate of return %

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