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Your bank account pays a nominal interest rate of 10%, compounded semi-annually. Your plan is to deposit $2,000 in the account at the end of

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Your bank account pays a nominal interest rate of 10%, compounded semi-annually. Your plan is to deposit $2,000 in the account at the end of each of the next 10 years How much will you have in the account at the end of year 10, after making your final deposit? (Hint The annuity payments don't match compoundina periods.) a. $32,259.47 b. $26,570.13 C. $33,500.47 d. $20,456.05 e. $66,131.91 You are saving money for your first car, and you plan to make regular deposits into a brokerage account earning 15%. Your first deposit of $4,000 will be made today. You also plan to make three additional deposits in the next three years. Your plan is to increase your deposits by 10% a year. How much money will be in your account after six years? a. $14,986.44 b. $13,421.00 c. $22,485.98 d. $34,664.55

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