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You have $3.600 to deposit in an account that pays 6.50% interest. If you leave this capital on deposit for eight years, how much will

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You have $3.600 to deposit in an account that pays 6.50% interest. If you leave this capital on deposit for eight years, how much will accumulate in the account? $5.957.98$6,783.13$33,834.00$5.594.35 Question 2 30pts Your bank pays 4.25% interest. How much must you deposit today if you wish to accumulate $15.850 in seven years? $12,326.14 $15,203,84 $11,843.96 $9,210.79 You have collected $8,342 Your banker states that if you deposit these funds in her institution they will accumulate to $16,786 In twelve years. What is the implied rate that she is paying on this deposit? 6% 50% 5% 12%

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