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Question 2 (1 point) Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually [i.e annual interest). After five
Question 2 (1 point) Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually [i.e annual interest). After five years, her savings account will be worth $5,600. Assume she will not make any withdrawals. Given this, which one of the following statements is true? Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest The present value of Samantha's account is $5,600 Samantha deposited more than $5,600 this morning Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6 percent interest Samantha will earn an equal amount of interest every year for the next five years Nall . CPLL Question 1 (1 point) Saved Terry is calculating the present value of a bonus he will receive next year. The process he is using is called: O accumulating compounding discounting11 growth analysis
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