Asked by Nashea
So i pretty much had them right the first time with the first set of answers i just needed to round up?
1. $5000.00 compounded annually at 6% for 5 years= $6,691.13?
2. $5000.00 compounded quartley at 6% for 5 years= $6,719.58?
3. $5000.00 compounded quartley at 65 FOR 5 YEARS= $6,734.28?
4. $5000.00 compounded annually at 6% FOR 6 YEARS= $7,092.60?
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7. $7000.00 in 5 years at an annual discount rate of 6%= $5,230.81?
8. $7000.00 in 5 years at an semiannual discount rate of 6%= $5,208.66?
9. $7000.00 in 5 years at an quartley discount rate of 6%= $5,197.29?
10. $7000.00 in 6 years at an annual discount rate of 6%= $4,934.72?
1. $5000.00 compounded annually at 6% for 5 years= $6,691.13?
2. $5000.00 compounded quartley at 6% for 5 years= $6,719.58?
3. $5000.00 compounded quartley at 65 FOR 5 YEARS= $6,734.28?
4. $5000.00 compounded annually at 6% FOR 6 YEARS= $7,092.60?
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7. $7000.00 in 5 years at an annual discount rate of 6%= $5,230.81?
8. $7000.00 in 5 years at an semiannual discount rate of 6%= $5,208.66?
9. $7000.00 in 5 years at an quartley discount rate of 6%= $5,197.29?
10. $7000.00 in 6 years at an annual discount rate of 6%= $4,934.72?
Answers
Answered by
Nashea
#2 is supposed to be semi-annually
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