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Investment Scenario B: Your savings account is currently worth $1,200. The account pays 4.5 percent interest compounded annually. Ultimately, we will want to determine how

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Investment Scenario B: Your savings account is currently worth $1,200. The account pays 4.5 percent interest compounded annually. Ultimately, we will want to determine how much your account will be worth 6 years from now: however, right now answer the following question. What is PV? $ 7,200 information not provided in the scenario. We must determine this value. $ 1,200 $0 Investment Scenario B: Your savings account is currently worth $1,200. The account pays 4.5 percent interest compounded annually. Ultimately, we will want to determine how much your account will be worth 6 years from now; however, right now answer the following question. What is f, the frequency of compounding per year? Monthly Quarterly Once per year information not provided in the scenario. We must determine this value. Investment Scenario B: Your savings account is currently worth $1,200. The account pays 4.5 percent interest compounded annually. Ultimately, we will want to determine how much your account will be worth 6 years from now; however, right now answer the following question. What is t, the number of periods? information not provided in the scenario. We must determine this value. 4 years 6 years 15 years

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