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What is the value you should enter for I/YR if the interest rate is 13% compounded quarterly? Select an answer: 13 3.25 1.75 Assume that,
What is the value you should enter for I/YR if the interest rate is 13% compounded quarterly? Select an answer: 13 3.25 1.75 Assume that, starting on the day of your child's birth, you deposit one cent per day into an account earning 5% compounded daily. How much will the account be worth when your child is age 67? Select an answer: $500 $1,000 $5,000 $2,000
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