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Q5) If you deposit $94.00 into an account paying 21.49% annual interest compounded quarterly, how many years until there is $74,105.00 in the account? (1.5
Q5) If you deposit $94.00 into an account paying 21.49% annual interest compounded quarterly, how many years until there is $74,105.00 in the account? (1.5 points) |
Q6) If you deposit $1,098.00 at 6.55% annual interest compounded quarterly, how much money will be in the account after 18.0 years? (1.5 points) |
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