FIN-320-T2301 Principles of Finance 20EW2 Brenda Da Silveira & 12/20/20 3:10 PM Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 2 of 12 0 complete HW Score: 0%, 0 of 50 pts P5-2 (similar to) Question Help (Related to Checkpoint 5.2) (Future value) Leslie Mosallam, who recently sold her Porsche, placed 8,000 in a savings account paying annual compound interest of 6 percent a Calculate the amount of money that will accumulate if Leslie leaves the money in the bank for 2, 6, and 16 years) b. Suppose Leslie moves her money into an account that pays 8 percent or one that pays 10 percent Rewar part (a) using percent and 10 percent c. What conclusions can you draw about relationship between interest rates, time, and future sums from the calculations you just did? a. After placing $8,000 in a savings account paying annual carpound interest of 8 percent, the amount of money that will accumulate il Leslie leaves money in the bank for 2 year') is (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer 9 Darts 1 remaining Check