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Question 5 What is the rate of return on an investment of $10000 if the company expects to receive $1200 per year for the next
Question 5 What is the rate of return on an investment of $10000 if the company expects to receive $1200 per year for the next ten years? O 3.46% O 4.56% O 3.98% 04.12% Question 6 What would be your end value of investing if you invested $6,000 for 12 months at an annual interest rate of 4 percent compounded monthly? O $8,123 0 $3,754 $7,523 O $6.244 Question 7 Ted Palmer has deposited $5,000 in a guaranteed investment account with a promised rate of 8% compounded annually. He plans to leave it there for 6 full years when he will make his down payment on his dream house. How much of a down payment will he be able to make? 0 $4,603.40 $2,175.57 $8.837.34 $7,934.37 Question 8 At compounded monthly, what is the effective annual interest rate if the stated rate of interest is 12%? O 12.00% 12.75% O 12.10% O 12.68%
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