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Author Question: Solve the problem. A = PntP = A = PertY = n - 1James and Susan wish to have $10,000 available for ... (Read 154 times)

ahriuashd

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on: Feb 2, 2020

Question 1

Solve the problem.

A = PntP = A = PertY = n - 1


How much money should be deposited today in an account that earns 7% compounded quarterly so that it will accumulate to $6500 in 5 years?
◦ $9196.06
◦ $4594.36
◦ $4634.41
◦ $1905.64

Question 2

Solve the problem.

A = PntP = A = PertY = n - 1


James and Susan wish to have $10,000 available for their wedding in 4 years. How much money should they set aside now at 6% compounded monthly in order to reach their financial goal?
◦ $7870.98
◦ $10,616.78
◦ $2500.00
◦ $9419.05
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Marked as best answer by ahriuashd on Feb 2, 2020

princessflame2016

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Reply #1 on: Feb 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahriuashd

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Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review

meganmoser117

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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