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PLEASE HELP ANSWER BOTH! URGENT 1. 2. Matthew Bautista needs $28,000 in 10 years. Click here to view factor tables. What amount must he invest
PLEASE HELP ANSWER BOTH! URGENT
1.
2.
Matthew Bautista needs $28,000 in 10 years. Click here to view factor tables. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns12\% annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 12% annual interest $ Investment at 12% annual interest, compounded quarterly $ John Inc. will deposit $37,400 in a 10% fund at the end of each year for8years beginning December 31,2025. Click here to view factor tables. What amount will be in the fund immediately after the last deposit? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount in fundStep by Step Solution
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