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Q5) If you deposit $145 into an account paying 08.00% annual interest compounded quarterly, how many years until there is $39,460 in the account? Q6)
Q5) If you deposit $145 into an account paying 08.00% annual interest compounded quarterly, how many years until there is $39,460 in the account? Q6) If you deposit $45,884 at 10.00% annual interest compounded quarterly, how much money will be in the account after 11 years? Q7) If you deposit $1,932 into an account paying 17.00% annual interest compounded monthly, how many years until there is $28,625 in the account? Q8) What is the value today of receiving a single payment of $71,476 in 29 years if your required rate of return on this investment is 13.00% compounded semi-annually? Q9) If you deposit $818 at 23.00%annual interest compounded daily, how much money will be in the account after 12 years? (Assume that there are 364 days in a year) Q10) Suppose you deposit $295 today, $454 in one year, and $870 in two years in an account that pays an annual rate of interest of 20.00%. How much money will be in the account after three years
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