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Question 8 (0.2 points) You set up a college fund in which you pay $2000 each year at the end of the year. How much

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Question 8 (0.2 points) You set up a college fund in which you pay $2000 each year at the end of the year. How much money will you have accumulated in the fund after 7 years, if your fund earns 13% compounded annually? Your Answer: Answer Question 10 (0.2 points) What is the effective annual rate (EAR) of 8% compounded monthly? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Answer Question 13 (0.2 points) You found your dream house. It will cost you $200000 and you will put down $35000 as a down payment. For the rest you get a 30-year 6.0% mortgage. What will be your monthly mortgage payment in $ (assume no early repayment)? Your

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