leahgrigg@yahoo.ca - Yahoo Mai X My Grades - 2122Q3_Math_30_F X Bb Microsoft Word - MF30-C1Test-V X C learn-ca-central-1-prod-fleet01-xythos.content.blackboardcdn.com/5f208b6da4613/2801334?X-Blackboard-Expiration=1648609200000&X-Blackboard-Signature=s7wyy8wZSfCAd6dq%2BCX367oBm317%2Fhq%2BgB6Paucu%2BE0%3D&X-Blackboar... [ OL Update Microsoft Word - MF30-C1Test-V1.docx 2 / 6 - 100% + NOTE: I encourage you to use technology -- an online financial calculator or an app for your mobile device. Like the EZ Calculator app or fncalculator.com (3) 1. (a) Tommy invests $200 at 5% simple interest, paid annually, for 10 years. How much will he have at the end of 10 years? (b) Which option below would yield the greatest future value? i) increasing the term to 12 years ii) increasing the principal to $220 (5) 2. Otis bought a $7500 corporate bond. The bond earns 3%, compounded monthly. After 2 years, the interest rate changed to 4.5% compounded annually. Determine the value of Otis' investment after 8 years (two years for the first bond and six years for the second). Type here to search O O'C Mostly sunny ~ (@ 9 0 ) ( 4) ENG 12:25 PM 2022-04-01(0) 3. April predicts that she will need $60,000 for new recording equipment in 10 years. She has found three investmentoptions to consider: A. 6.15%, compounded semi-annually B. 5.90%. compounded daily 0. 5.85%, compounded quarterly (a) How much will she need to invest for each option? (b) How much interest will she earn for each option? 4. Xiao is investing 810.000. She wants it to grow to 515.000 in 5 years. What annual rate of interest. compounded semi-annually, does she need to meet her goal? Round your answer to two decimal places. I225 PM I: p Typehereto search 0 E e 1! E U a 6 '3 Q 0": M\"\"\"\"""" A E ea? E ' do) [\"6 M'Mi %