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Question 4 5 pts present values More frequent compounding results in_ future values and than less frequent compounding at the same interest rate. higher, lower
Question 4 5 pts present values More frequent compounding results in_ future values and than less frequent compounding at the same interest rate. higher, lower higher, higher lower; higher lower, lower Question 5 5 pts Your bank offers to pay you $10,000 at the end of 8 years from now if you make a deposit with the bank now. The deposit will earn an annual interest rate of 5%. If you like the rate of return of this investment, what the maximum you would deposit with the bank today? $64,632 $6,806 $6,768 $39,927 Question 6 5 pts Dan now has $25,000. How much would he have after 10 years if he leaves it invested at 8% with annual compounding? 53,590.50 362,164.45 285,897.10 53,973.12
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