Question: All problems are available in MyFinanceLab. G 2 E5-1 Assume that a firm makes a $2,500 deposit into its money market account. If this account

All problems are available in MyFinanceLab. G 2
All problems are available in MyFinanceLab. G 2 E5-1 Assume that a firm makes a $2,500 deposit into its money market account. If this account is currently paying 0.7% (yes, that's right, less than 1%!), what will the ac- count balance be after 1 year? G 5 E5-2 If Bob and Judy combine their savings of $1,260 and $975, respectively, and deposit this amount into an account that pays 2% annual interest compounded monthly

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