Question: 1 pts Question 1 Question 6 Time Elapsed: Hide Attempt due: Sep 11 at 11:59pm O Minutes, 11 Seconds You need to fund a payment
1 pts Question 1 Question 6 Time Elapsed: Hide Attempt due: Sep 11 at 11:59pm O Minutes, 11 Seconds You need to fund a payment of $25,614 due in 14 months. If your investment account pays 3.74% APR compounded monthly, how much do you have to deposit today to fully fund this payment? 1 pts Question 2 Investment A pays $4,410 per month for the next 11 months Investment B pays $2,804 per month for the next 30 months If the market interest rate is 4.84 % APR compounded monthly, what is the difference in the market price of the two assets? (state your answer as a positive number) Question 3 1 pts How much would you have to deposit today in a bank account that pays 3.47% compounded annually to fund 9 yearly payments of $3.738 with the first payment starting 8 years from now
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