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Question 11 1 pts Assume a $4,944 deposit with an APR of 2.5%, compounded annually How much INTEREST accumulates after 7 years? Round your answer
Question 11 1 pts Assume a $4,944 deposit with an APR of 2.5%, compounded annually How much INTEREST accumulates after 7 years? Round your answer to the nearest cent. Question 12 1 pts $2,821 is invested at 6% APR for 8 years, compounded quarterly. What will be the balance on the account? Round your answer to the nearest cent. Cloudy OLD-Question 13 1 pts $3,126 is invested at 5% APR for 10 years, compounded monthly. What will be the balance on the account? Round your answer to the nearest cent. Question 14 1 pts $1,558 is invested at 4% APR for 10 years, compounded daily. What will be the balance on the account? Round your answer to the nearest cent. Cloudy HOLD-Ehttps://ivylearn.ivytech.edu/courses/11... [g 10 Question 15 1 pts Your grandmother bought you a $12,770 savings bond 4 years ago. It earned 0.3% interest compounded semi-annually. How much will you get if you cash it out? Round your answer to the nearest cent. Question 16 1 pts A Certificate of Deposit (CD) requires a minimum deposit of $10,155, and you must invest for at least 3 years. This CD pays 3% APR compounded monthly. How much will you be able to cash the CD out for in 3 years. Round your answer to the nearest cent. 8"F loudyQuestion 17 1 Suppose your 8,629 dollars earns 5.5% interest, compounded annually. Use the rule of 70 to predict the time it takes to double. Round your answer to the nearest tenth
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