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I am not sure how to answer these (1 point) If you make quarterly deposits of $348.00 into an ordinary annuity earning an annual interest
I am not sure how to answer these
(1 point) If you make quarterly deposits of $348.00 into an ordinary annuity earning an annual interest rate of 5.76%, how much will be in the account after 7 years? How much interest did you earn in those 7 years? How much is in the account after 7 years? $ How much interest was earned after 7 years? \$ (1 point) If you make monthly payments of $370.00 into an ordinary annuity earning an annual interest rate of 5.53% compounded monthly, how much will you have in the account after 3 years? After 7 years? Amount after 3 years? $ Amount after 7 years? $ (1 point) If you make quarterly payments of $531.00 into an ordinary annuity earning an annual interest rate of 4%, how much will be in the account after 4 years? Amount after 4 years: $Step by Step Solution
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