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QUESTION 1 Twenty years ago, your parents deposited $2,319 into an account that earned 0.55% per month. How much is in the account today? (Round
QUESTION 1 Twenty years ago, your parents deposited $2,319 into an account that earned 0.55% per month. How much is in the account today? (Round to 2 decimal places.) QUESTION 2 You would like to have $1,335 in 2 years to buy a new wardrobe when you graduate and enter the job market. If you think you can earn 8.71% on your money, how much must you deposit today? QUESTION 3 You would like to invest your tax refund of $415. If your required return is 10.1%, what must be the future value of your investment in 7 years? (Round to 2 decimal places.) QUESTION 4 You would like to have $972 in 2 years to buy a new wardrobe when you graduate and enter the job market. If you think you can earn 8.12% on your money, how much must you deposit today
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