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Question 10 1 pts You recently received an inheritance of $10,000. You invest the money in an account with an annual interest rate of 10%
Question 10 1 pts You recently received an inheritance of $10,000. You invest the money in an account with an annual interest rate of 10% with quarterly compounding. How much will be in the account after 10 years? O $22,080 O $20.016 O $18,140 O $24,352 $26,851 Question 11 1 pts You recently received an inheritance of $10,000. You invest the money in an account with an annual interest rate of 7% with quarterly compounding. What is your effective annual rate of interest? O o ooo O 7.19 06.14 0 7.00
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