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QUESTION 13 By using the table in the handbook, the value of $60 deposited in a bank for six years at a rate of 10

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QUESTION 13 By using the table in the handbook, the value of $60 deposited in a bank for six years at a rate of 10 percent compounded annually is O A $96.63 O B. $96.36 OC $106.30 OD $106.03 QUESTION 14 In tables for calculating compound interest the number of periods is equal to O A Number of years divided by rate O B. Number of years X rate O C Number of years X number of times compounded per year OD Number of years divided by number of times compounded per year QUESTION 15 By using the table in the handbook, the present value of $9,000 for seven years compounded at 10 percent semiannually is O A $4,618 80 OB. $17,819.10 O C $4,545.90 OD. $4,186 60

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