QUESTION 4 Chuck Enterprises is acquiring BLO, Inc. for $899,000. BO has agreed to accept annual payments of $210.000 at an interest rate of 25 percent. How many years will take Chuck Enterpies to pay for this purchase? 5.00 years 5.14 years 5.35 years 5.47 year 5.00 years QUESTIONS Second State Bank is offering 2.8 percent compounded daily on its savings accounts. If you deposit $2.500 today, how much will you have in the account in 15 years? $3.465.24 53,511.09 53.727 48 53.804.84 $3,890.62