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Please answer both multiple choice Katelyn put $12,000 into a savings account three years ago. It paid 6% interest in the first year, and 7%

Please answer both multiple choice

Katelyn put $12,000 into a savings account three years ago. It paid 6% interest in the first year, and 7% per year for the following two years. What is her account balance today?

$14,123

$14,464

$14,563

$14,965

A $1,000 par value bond will mature in 8 years. This bond pays a coupon of $110 every year. If investors require an annual return of 12%, what is the current price of this bond? Assume annual coupon payments.

$936.65

$950.32

$982.40

$1010.56

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