Question: 2 Questions x 3 points each 6 points 1. 5.40%. XYZ Warehouse is offering a piece of furniture for $ 75,000 and the credit terms

2 Questions x 3 points each 6 points 1. 5.40%. XYZ

2 Questions x 3 points each 6 points 1. 5.40%. XYZ Warehouse is offering a piece of furniture for $ 75,000 and the credit terms are If you purchase the furniture on credit and make each payment every six months 8 years at an annual interest rate of , how much will you have to pay each term? Answer: 2. 12 years. Betty will earn is an annual 5.20% return on her investment, compounded monthly. Starting today, Betty is planning to invest $3,600 at the beginning of each month for How much money will the investment be worth when she withdraws at the end of the given term

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