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SSPX te Dell Links Bing enland compoung accu - Suppose you want to earn an effective rate of 18% and you are looking at an
SSPX te Dell Links Bing enland compoung accu - Suppose you want to earn an effective rate of 18% and you are looking at an account that compounds on a monthly basis. What APR must they pay? 16.67% 15.67% 13.67% 14.67% Suppose you want to buy a new computer system and the store is willing to allow you to make month! y payments. The entire computer system costs $3,500. The loan period is for 2 years, and the interest rate is 22.9% with monthly compounding. What is your monthly payment? S183.13 $163.13 S173.13 $193.13 Suppose you deposit $50 a month into an account that has an APR of 15%, based on monthly compo unding. How much will you have in the account in 35 years? $743,859 01 $763,859.01 $733 859.01 $753 859.01 - You need $15,000 in 3 years for a new car. If you can deposit money into an account that pays an APR of 11.5% based on daily compounding, how much would you need to deposit? A $13,623.88 B $12.623.88 O $11.623 88
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