Question 4 Homework Unanswered If you deposit $20,000 into an account paying 1.5% interest compounded monthly, how much interest will you earn after 10 years? Round to the nearest dollar, Type your numeric answer and submit Unanswered. 3 attempts left Submit Hover over this for Question 4 hint Question 5 Homework - Unanswered o You have $90,000 in an account which pays 2.0% compounded annually. How many additional dollars of interest would you have earned over 9 years if you had instead invested in an account earning 3.1% compounded quarterly Round to the nearest dollar. Type your numeric answer and submit Question 6 Homework Unanswered A bank advertises an annual interest rate of 3.5% compounded monthly on their savings accounts. In percentage terms, what is the effective annual rate (EAR) on the loan? Round to two decimal places (e.g., 5.43% --> 5.43) Type your numeric answer and submit Unanswered. 3 attempts left Submit Question 7 Homework. Unanswered Suppose you are planning to deposit $4,000 in a bank account. vbu'd like your deposit to grow to $6,000 in 5 years. If interest in the account compounds weekly, what annual interest rate do you need? Answer in percentage and round to one decimal place (e.g., 5.43% --> 5.4). Type your numeric answer and submit