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QUESTION 1 $7,200 is invested each quarter for 5.5 years. Compute the future value if interest is 8% compounded quarterly. Use Tables 23-1A and 23-1B

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QUESTION 1 $7,200 is invested each quarter for 5.5 years. Compute the future value if interest is 8% compounded quarterly. Use Tables 23-1A and 23-1B or a calculator. O a. $399,288.67 future value b. $196,552.66 future value Oc. $186,030.58 future value d. $219,037.39 future value i QUESTION 2 A $1,000 bond, with interest at 10% on March I and September 1, was purchased on February 13. Compute the dollar amount of accrued interest that will be paid to the seller. (Assume a 360-day year.) a. $46.11 b. $45.83 OC. $12.22 Od. $11.94

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