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Question 13 (8 points) Listen Assume Bill Jones invested $4,790.55 into an account exactly one year ago. The account has an interest rate of 9.0
Question 13 (8 points) Listen Assume Bill Jones invested $4,790.55 into an account exactly one year ago. The account has an interest rate of 9.0 % p.a. How much does Bill have in his account today (that is, exactly one year after the initial deposit)? (Round your answer to the nearest cent and record your answer without a dollar sign and without commas. For example, record $1,356.8382 as 1356.84). Your Answer: Answer Question 14 (8 points) 1) Listen Assume Sheryl Jenkins wants to accumulate $ 12,195.54 in two years. She currently has $10,388.72 to invest. What interest rate must she earn on her investment (that is, if she deposits $ 10,388.72 today) to have $ 12,195.54 exactly two years from today?(Record your answer as a percent rounded to 1 decimal place; for example, record.527945 = 52.8% as 52.8). Your Answer: Answer
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