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Select an answer Future Value -Simple Interest Future Value Compound Interest Future Value - Continuously Compounded Future Value Ordinary Annuity Future Value AnnUIty Due Present

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Select an answer Future Value -Simple Interest Future Value Compound Interest Future Value - Continuously Compounded Future Value Ordinary Annuity Future Value AnnUIty Due Present Value - Ordinary Annuity Present Value Annuity Due $4,000 is invested in an account that pays interest of 6% compounded daily. What will the account be worth in 5 years? a) What type of problem is this? | Select an answer v| b) What will the account be worth? 5 l At the beginning of each month. Miranda deposits $250 in an account that pays 9% compounded monthly. How much will she have in 5 years? a) What type of problem is this? |Select an answer v l b) How much will she have? 5 l A student takes out $30,000 in student loans. The loan is to be repaid over 10 years at: a rate of 4.5%. Assume the payments are made at the end of each month. a} What type of problem is this? I Select an answer vl b] How much are the monthly payments? 5 l c) How much total interest is paid? 5 You borrow $4,500 for six months at a simple interest rate of 6%. How much will you need to pay back, including the interest? a) What type of problem is this? I Select an answer v l b) How much will you need to pay back, including the interest? 5' Juan's grandfather was planning to give Juan $12,000 10 years from now. Juan convinced his grandfather to give him $6,000 now instead. If Juan invests this $6,000 at 7.5% compounded continuously, how much money will he have 10 years from now? a) What type of problem is this? Select an answer vl b) How much will Juan have? S Carmen spends $4.95 for a boba tea almost every afternoon. This amounts to about $100 per month. If she invested this amount (5100) into an account earning 5% at the end of each month. how much will she have 5 years from now? a) What type of problem is this? | Select an answer vl b) How much will she have? S

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