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Question Completion Status: QUESTION 11 Which of the following APRs on your deposit would you prefer? 15.16% compounded semiannually 12.65% compounded daily 14.68% compounded monthly
Question Completion Status: QUESTION 11 Which of the following APRs on your deposit would you prefer? 15.16% compounded semiannually 12.65% compounded daily 14.68% compounded monthly 15.58% compounded annually 14.27% compounded quarterly QUESTION 12 Six years from today, you plan to invest USD20440.00 for 6 additional years at 4.6 percent compounded annually. How much will you have in your account 12 years from today? O a. 22077.46 b. 30156.85 c. 22502.24 d. 22534.45 e. 26771.39 QUESTION 13 Zeynep would like to buy her parents a present for their 15th wedding anniversary. The present will cost $11860 and she has 4 years to accumulate this money. How much must Zeynep deposit annually in an account paying 7.0 percent interest in order to have enough money to buy the present? a. 3018.75 b. 2236.52 O c. 2321.63 d. 2232.47 e. 2671.21
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