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Question 7 (1 point) Exactly 8 years ago, Carlos deposited $541 into a savings account that has earned 1% annual interest, compounded quarterly. There have
Question 7 (1 point) Exactly 8 years ago, Carlos deposited $541 into a savings account that has earned 1% annual interest, compounded quarterly. There have been no other deposits and no withdrawals. What is the account balance today? Your Answer: Answer Question 8 (1 point) You want to buy your dream car which will cost you $5700. If you could invest your entire savings of $3500 at an annual interest of11% how long (in years rounded to two decimal places) would you have to wait until you have accumulated enough money to buy the car? Your Answer: Answer Question 9 (1 point) Janet's savings account balance is $766.60 today. She opened the account exactly 2 years ago with a single deposit. Janet has made no other deposits and no withdrawals. The account earns a 0.80% annual percentage rate of interest, compounded daily. What was Janet's initial deposit? Your
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