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Question 9 (8 points) Listen You deposit $ 6,828 in your account today. You make another deposit at t = 1 of $ 7,060. How
Question 9 (8 points) Listen You deposit $ 6,828 in your account today. You make another deposit at t = 1 of $ 7,060. How much will there be in your account at the end of year 1 if the interest rate is 7.2 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85). Your Answer: Answer Question 10 (8 points) Listen You deposit $ 57,215 in your account today. You make another deposit at t = 1 of $ 72,695. How much will there be in your account at the end of year 2 if the interest rate is 18 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85). Your Answer:
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You deposit $6,828 in your account today. You make another deposit at t=1 of $ 7,060 . How much will there be in your account at the end of year 1 if the interest rate is 7.2 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85 ). Your Answer: Answer Question 10 (8 points) You deposit $57,215 in your account today. You make another deposit at t=1 of $ 72,695. How much will there be in your account at the end of year 2 if the interest rate is 18 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85 ). Your Step by Step Solution
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