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(Related to Checkpoint 5.2) (Future value) To what amount will $4,800 invested for 10 years at 11 percent compounded annually accumulato? $4,800 invested for 10

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(Related to Checkpoint 5.2) (Future value) To what amount will $4,800 invested for 10 years at 11 percent compounded annually accumulato? $4,800 invested for 10 years at 11 percent compounded annually will accumulato to $ (Round to the nearest cent.) Related to Checkpoint 5.2) Future value) Leslie Mosaitam, who recently sold her Porsche, placed 58,600 in a savings account paying annual compound interest of 6 percent a. Calculate the amount of money that wil accumulate if Leslie leaves the money in the bank for 3, 7, and 17 years) b. Suppose Lesliemoves her money into an account that pays 8 percent or one that pays 10 percent. Rework port(a) using & percent and 10 percent c. What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you just did? Aller placing 58.600 in a savings account paying annual compound interest of 6 percent, the amount of money that will accumulate Lelle laves the money in the bank for 3 years) Round to the ne

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