me Value of Money ) Unit 2 Quiz - 1 attempt - 1 attempt 1 ATTEMPT ONLY Time Left:0:28:30 Sandra Kapaya: Attempt 2 Next Page Page 2 of 3 Question 4 (1 point) You set up a college fund in which you pay $2000 each year at the end of the year. How much money will you have accumulated in the fund after 9 years, if your fund earns 7% compounded annually? Your Answer: Answer Question 5 (1 point) Which one of the following has the highest effective annual rate? > O Home End Pgue Pgon Paus - R T rulo P u.edu/d21/1e/content/7773882/viewContent/60895031Niew 23955.98 Answer Question 5 (1 point) Which one of the following has the highest effective annual rate? 1) 6 percent compounded semiannually O2) 6 percent compounded annually 3) 6 percent compounded weekly 4) 6 percent compounded quarterly 5) 6 percent compounded monthly rtfolio Download Print Activity Details iewed this topic Home End Pgup Poon