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Question 56 1 pts Bob got a $900 thousand bonus and wants to buy a vacation home that costs $3 million. If he can earn
Question 56 1 pts Bob got a $900 thousand bonus and wants to buy a vacation home that costs $3 million. If he can earn 8% per year with semi- annual compounding, how many years will he have to wait until he can actually achieve his goal of buying the home? Round appropriately to one decimal place. For example, five and one half years is 5.5 Do not enter $ or % signs. You can enter commas. Question 57 1 pts Jane wants to start saving some money. She opens an account today with a deposit of $738 and expects to earn 4% APR with annual compounding. After 3 years, she will add an additional $243 to the account. If the account continues to earn the same 4% APR, how much money will she have in her account seven years from now? Round your answer to the nearest whole dollar. For example, $1,234.56 is 1235 Do not enter $ or % signs. You can enter commas. d
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