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this is for my final grade please answer both You have saved $1,250 for a used motorcycle that has a current price of $1,550. If
this is for my final grade please answer both
You have saved $1,250 for a used motorcycle that has a current price of $1,550. If your money is sitting in an account earning 2.25% per year, how long will it take for this account to grow to $1,550? Note: The motorcycle's price may have changed by the time your account reaches a value of $1,550. A) 9.67 years B) 9.04 months OC) 9.67 months OD) 9.04 years You deposit $1,000 for 45 years and will receive 10% each year on your principal and interest. What is your total interest on interest over the 45 years? $70 $4,480 $67,390 $930 Step by Step Solution
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