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QUESTION 9 Leanne Simon made ordinary annuity payments of $81.00 per month for fifteen years earning 7% compounded monthly. How much interest is included in
QUESTION 9 Leanne Simon made ordinary annuity payments of $81.00 per month for fifteen years earning 7% compounded monthly. How much interest is included in the future value of the annuity? QUESTION 10 Compute the nominal annual rate of interest (compounded monthly) at which $225.00 deposited at the end of each month for ten years will amount to $40 000.00. Calculate to two decimals. Enter as follows: 12.34% -12.34
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