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(TVM) At the end of every year Mr. E deposits $2,000 into a savings account that earns interest at a 6% compounded annual rate. What

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(TVM) At the end of every year Mr. E deposits $2,000 into a savings account that earns interest at a 6% compounded annual rate. What will his account balance be after 9 years have passed? Hint: use the Basic Time Value of Money table attached to this quiz or a financial calculator O A $22,962.63 O. 519,080.00 C. $30.410.62 D. $13,60338 O 5.824,361.59 Reset Selection Question 2 of 15 1 Points (Fin. Mkts. Int. Rates) You deposit money for one year and want to eam a 1.5% real rate of return. What interest rate should be offered to you if you expect inflation to be 2.5%? 1.1.5% C. 2.5 0.1%

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