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You have $15,000 invested today. If you add $500 per month to your investments, after 30 years, assuming 9% annual interest, how much do you

You have $15,000 invested today. If you add $500 per month to your investments, after 30 years, assuming 9% annual interest, how much do you have total?

Question 8 options:

A)

$1,136,330.00

B)

$267,168.00

C)

$915,371.00

D)

No solution

How much is your monthly payment on a home mortgage with the following terms? Borrow $275,000.00 for 30 years at 5.75% annual interest.

Question 9 options:

A)

$1,604.83

B)

$1,332.28

C)

$820.26

D)

$9,863.21

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