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QUESTION 11 1 points Save Answer [CALCULATOR OR SPREADSHEET] Winston plans to invest $5,000 in a bank account that earns 4.5% per year. Compounding of
QUESTION 11 1 points Save Answer [CALCULATOR OR SPREADSHEET] Winston plans to invest $5,000 in a bank account that earns 4.5% per year. Compounding of his money will be QUARTERLY. How much will the $5,000 grow to be in 2 years? That is, calculate FV. $5,000.00 $5,469.95 O $5,468.12 None of the above QUESTION 12 1 points Save Answer CALCULATOR OR SPREADSHEET Winston plans to invest $5,000 in a bank account that earns 4.5% per year. Suppose now that compounding will be MONTHLY. How much will the $5,000 grow to be in 2 years? That is, calculate FV. O $5,000.00 $5,469.95 O $5,468.12 None of the above
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