One year from now, you deposit $1000 in a savings account. You deposit $2500 the following year. Then you wait three more years (until 5 years from now) and deposit $2000. If your account always earns 7% annual interest and you make no withdrawals, how much will be in the account 15 years from now? 9,951.84 12,537.45 8,364.74 13,125.63 11,174.92 QUESTION 4 A company plans to issue commercial paper to finance its short-term needs. The firm plans to issue $2,500,000 in 270-day maturity notes. The paper will carry 10.25 percent rate with discounted interest and will cost this company $18,500 (paid in advance) to issue. What is the APR for the issue? 11.05% 14.24% 13.89% 12.27%