Question: answer questions. Exercise B-5 (Algo) Future value of an amount LO P2 Mark Welsch deposits $8,100 in an account that earns interest at an annual

answer questions.
answer questions. Exercise B-5 (Algo) Future value of an amount LO P2
Mark Welsch deposits $8,100 in an account that earns interest at an

Exercise B-5 (Algo) Future value of an amount LO P2 Mark Welsch deposits $8,100 in an account that earns interest at an annual rate of 4%, compounded quarterly. The $8,100 plus earned interest must remain in the account 2 years before it can be withdrawn. How much money will be in the account at the end of 2 years? (PV of \$1. FV of \$1, PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.] Answer is complete but not entirely correct. Exercise B-9 (Algo) Present value of an annuity LO P3 Dave Krug finances a new automoblie by paying $7,500 cash and agreeing to make 30 monthly payments of $400 each, the first payment to be made one month affer the purchase. The loan bears interest ot an annual rate of 12%. What is the cost of the automobile? (PV of \$1. EV of S1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided, Round "Table Factor" to 4 decimal places.)

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