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please help with the following: show on excel. Question 3. (2 marks) You invest $28,000 in an account today. The account will pay 7.2% compounded

please help with the following: show on excel.image text in transcribed

Question 3. (2 marks) You invest $28,000 in an account today. The account will pay 7.2% compounded annually. How long will it take until you have $40,000 in the account? 4.88 years 4.94 years 5.13 years 5.20 years none of the above d) Question 4. (2 marks) You have just bought a car for $34,000. You borrowed the purchase price from the bank. The loan has a quoted rate of 8.2% compounded semi- annually and it calls for monthly payments for the next 7 years. The payments are made at the beginning of the month. What is the monthly payment? $529.05 b) $531.00 $527.46 $532.65 None of the above

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