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Question 2 Homework Answered You are planning to lend $4,000 to someone you know. If you charge him an annual interest rate of 4.9% compounded

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Question 2 Homework Answered You are planning to lend $4,000 to someone you know. If you charge him an annual interest rate of 4.9% compounded monthly, how much will he owe you in 3 years? Round to the nearest dollar. Type your numeric answer and submit Cannot be empty Question 3 Homework Unanswered. Someone you know needs a loan and she is willing to pay you back $13,000 in exactly 9 years. If the appropriate discount rate is 3.9% compounded annually, how much would you be willing to loan her today? Round to the nearest dollar. Type your numeric answer and submit

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