questions 1-6

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1 67% Chapter 12, Part 1 Question 1 You deposit $1,275 today in savi1i5 account. You em 3, 75% comrxjunded mcmthly. You deposit an additional Sj50 at the end Of each month. At the end of a years. you withdraw the balance of $19,576, What is the n-value?' 10 3.85 Question 2 You deposit 'Si ,275 today a savin5 account. Vou earn 175% mmthly. You deposit an additional S3S0 at the end of each month. At the end of a years, you withdraw the balance of S 19,576. What is the present value? O S3SO.oo O $1,275.00 O Sl.62s-oo Question 3 You deposit S 1,275 today In a savln# account. You earn 375% cunrmnded mmthly. You deposit an additional S350 at the end 01 each month. At the end of 4 years, you withdraw the balance of S 19,576. What is the periodic rate? c, 3125% -31% e, 3.75% 45.0% Question You borrow Sd30 from, a friend and repay your friend S50 at the end Of each monm for 10 months. What is the payment (PMT)? c, saso None question S Which value is always entered in rhe n key?' C' The number of years ne number of The number of quarters C' The number of periods Question 6 You invest an amount Of money or make depBIi to bank account. This amount would be erirered' in the calculaior as a negative value. True False o@ooo