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pls a-c. please round to the nearest cent Question Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,000 in
pls a-c. please round to the nearest cent
Question Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed $8,000 in a savings account paying annual compound interest of 6 percent Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 3,7and 17 year(s). b. Suppose Leslie moves her money into an account that pays 8 percent or one that pays 10 percent. Rework part (a) using 8 percent and 10 percent. c. What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you just did? a. After placing $8,000 in a savings account paying annual compound interest of 6 percent, the amount of money that will accumulate if Leslie leaves the money in the bank for 3 year(s) is $ . (Round to the nearest cent.) Activate Windows Go to Set Check Anne Enter your answer in the answer box and then click Check Answer o parts 9 remaining OP DEI O Type here to searchStep by Step Solution
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