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Rosie's Florist borrows $340,000 to be paid off in seven years. The loan payments are semiannual with the irst payment due in six months, and

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Rosie's Florist borrows $340,000 to be paid off in seven years. The loan payments are semiannual with the irst payment due in six months, and interest is at 6%. What is the amount of each payment? Multiple Choice $30,854. O $31,099. O $32,897 0 $30,099 Fondra deposits $2,700 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she epeats this for the next 15 years, how much will she have on deposit on April 14, 2036? Multiple Choice $56,896. $51,724. $54,310. $62,068

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